The Money and Banking course will look at some key issues in the theory and practice of financial markets, monetary policy and banking and how their interactions affect the real world. The course aims to provide the student with an introduction to the role of money, financial markets, financial institutions and monetary policy in the economy, thus providing a solid foundation for further study or employment in the financial services industry.

The primary course goal is for students to master the logic, intuition and operation of a financial system - money, financial markets (money and capital markets, debt and equity markets), and financial institutions and intermediaries. Materials will be both quantitative and qualitative, yet always highly analytical with a focus on active learning - there will be an approximately equal emphasis on solving mathematical finance problems (e.g. bond pricing) and on policy analysis.