ECS3701 Updated Notes

ECS3701 Updated Notes

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ECS3701/1/2018–2020

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Conte
nts
Online learning environment (v)
Welcome message on the home page (vii
Frequently asked questions (FAQs) )
Learning unit 0: Introduction to the module (ix)
1
INTRODUCTIO
PART 1: N 11
Learning unit
1: Why study money, banking and financial 13
Learning unit markets? 15
2: An overview of the financial system 18
Learning unit
3: What is money? 27
28
PART 2: FINANCIAL MARKETS 30
Learning unit 33
4: Understanding interest rates
Learning unit
37
5: The behaviour of interest rates
Learning unit The risk and term structure of interest 38
6: rates 41

43
PART 3: FINANCIAL INSTITUTIONS
Learning unit 44
8: An economic analysis of financial structure
Learning unit
9: Financial crises in advanced economies 47
Learning unit Financial crises in emerging market 48
10: economies 55
Learning unit
63
11: Banking and the management of financial
institutions 69

PART 4: CENTRAL BANKING AND THE CONDUCT OF MONETARY
POLICY
Learning unit
14: Central banks: a global perspective
Learning unit
15: The money supply process
Learning unit
16: Tools of monetary policy
Learning unit The conduct of monetary policy: Strategy
17: and
tactics

PART 6: R
ef
e