Course Coordinator: Dr Agol Ho, BSc (HKU); MSc, MPhil (HKUST); PhD (SUFE)
Course Developer: Bob W H Leung, Consultant
You are advised to have already studied ECON A232.
This course aims to provide learners with essential knowledge of banking and monetary systems. It analyses and interprets monetary policies and problems relating to the development and stability of the banking system in Hong Kong.
The course covers the following topics:
- Introduction to money and banking
- Banks, central banks and banking regulations
- Monetary theory and interest rates
- Formulating and implementing monetary policy
- International banking
There will be five two-hour tutorials and one two-hour surgery.
There are two assignments and one examination. Students must use word processing software (such as Microsoft Word) to prepare the assignments, and submit the assignments via the Online Learning Environment (OLE).
Mishkin, F. S. (2021). Economics of money, banking and financial markets (13th ed., Global ed.). Pearson Education Limited.