ECB3143 · Monash University
Economics of money and banking
- Credit points
- 6
- Level
- 3
- Workload
- ≈ 12 h / week
- Faculty
- Business and Economics
What it covers
This unit explores the relationship between money, banking, and key macroeconomic variables such as interest rate, inflation and output. You will examine the roles of commercial banks, central banks, and monetary policy in shaping economic outcomes. A major component of the unit is a group project where you will critically investigate a chosen topic — ranging from historical systems like the gold standard to emerging issues like cryptocurrencies — using data, theory, and AI tools. Through teamwork, presentation, and individual research, you will deepen your understanding of modern financial systems and their role in the broader economy.
Assessment
| Task | Type | Weight |
|---|---|---|
| 3 - Examination | Examination | 40% |
| 1 - Quiz / Test | Quiz / Test | 20% |
| 2 - Project | Project | 40% |
When and where
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Peninsula | On-campus |