ECOS2004 Money and Banking HD Notes

Description

Notes cover content for entire semester Topics covered: * Overview of the financial system * Money and the payment system; understanding interest rates * The behaviour of interest rates. Traditional view; modern central banking view * Risk, the term structure of interest rates, commercial banking * The money supply process; traditional and modern views * Inflation targeting, contrasted with monetary targeting * The global financial crisis * The current policy environment: global * The current policy environment: Australia * How banks are regulated Includes lecture notes and the textbook