SemesterFall Semester, 2023
DepartmentIntegrated Curriculum by Dept. of Economics
Course NameMoney and Banking
InstructorLAI TING-WEI
Credit3.0
Course TypeSelectively
PrerequisiteEconomic Analysis、Economics、Intro Microeconomics、Introduction to Economics、Introduction to Economics(ENG)、Principle of Economics
Course Objective
Course Description
Course Schedule

The tentative course schedule is summarized as follows: 



Part 1: Introduction



Chapter 1: Why Study Money, Banking, and Financial Markets? (Sep. 15)



Chapter 2: An Overview of the Financial System (Sep. 22)



Chapter 3: What Is Money? (Sep. 22)



Part 2: Financial Markets



Chapter 4: The Meaning of Interest Rates (Oct. 6)



Chapter 5: The Behavior of Interest Rates (Oct. 13)



Chapter 6: The Risk and Term Structure of Interest Rates (Oct. 27 & Nov. 3)



%Chapter 7: The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis (Nov. 3)



*Midterm Exam (Nov. 10)



Part 3: Financial Institutions



Chapter 8: An Economic Analysis of Financial Structure (Nov. 17)



Chapter 9: Banking and the Management of Financial Institutions (Nov. 24)



%Chapter 10: Economic Analysis of Financial Regulation 



Chapter 11: Banking Industry: Structure and Competition (Dec. 1)



Chapter 12: Financial Crises in Advanced Economies (Dec. 8)



Chapter 13: Financial Crises in Emerging Market Economies (Dec. 15 & Dec. 22)



*Final Exam (Dec. 29, 2023) 



*Presentation (Jan. 5 & 12, 2024)



Notice: There will be no class on Oct. 20th for my personal business leave, and the make-up class is moved to another day, say, Jan. 12th. 


Teaching Methods
Teaching Assistant

許毓庭 (MA student of Dept. of Econ.)


Requirement/Grading

Mid-term: 30% 



Final exam: 30% 



Oral presentation: 20% (cannot be substituted by any form of paper work)



Discussions and class participation: 20% 



Notice: Because of the limit of time, the oral presentation is encouraged but not required.



 



 


Textbook & Reference

1. Mishkin, F. S., The Economics of Money, Banking and Financial Markets, 13th edition, Pearson.

(main)



2. Cecchetti, G. Stephen and Lermit L. Schoenholtz, Money, Banking and Financial Markets, 6th edition,

McGraw-Hill. (highly recommended)


Urls about Course
The course materials will be uploaded to Moodle Platform regularly.
Attachment