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EC321: Money and Banking

Subject Area: Economics

Course details

  • Department
    Department of Economics
  • Application code
    SS-EC321

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Applications are closed

We are not currently accepting applications for this course. Register your interest below to be notified when applications open again.

Overview

This course aims to bring you up to date with modern theories of money and banking and recent developments in the analysis of monetary policy.

What are the causes of inflation and deflation? What tools do central banks have, and how does monetary policy affect the economy? How do financial markets work, and why are financial intermediaries needed?

In order to answer these and related questions, this course provides a set of tools to analyse monetary policy and the financial sector. The course will combine a study of the relevant theory with applications to recent events and policy debates.

Key information

Prerequisites: Intermediate macroeconomics, intermediate microeconomics and differential calculus.

Level: 300 level. Read more information on levels in our FAQs

Fees: Please see Fees and payments

Lectures: 36 hours

Classes: 18 hours

Assessment: Two written examinations.

Typical credit: 3-4 credits (US) 7.5 ECTS points (EU)

Please note: Assessment is optional but may be required for credit by your home institution. Your home institution will be able to advise how you can meet their credit requirements. For more information on exams and credit, read Teaching and assessment

Is this course right for you?

This course is suited to students wanting to learn about modern theories of money and banking, in particular the recent developments in the analysis of monetary policy. This is particularly relevant to students wanting to pursue a career within the banking and finance sectors.

Outcomes

This course aims to bring you up to date with modern theories of money and banking and recent developments in the analysis of monetary policy.

Content

Krisha Patel, USA

The course will help my career, as it taught me a new side of economics and helped me to better understand the fundamentals of my subject in the real world.

Faculty

The design of this course is guided by LSE faculty, as well as industry experts, who will share their experience and in-depth knowledge with you throughout the course.

Department

The LSE Department of Economics is one of the largest and most prestigious in the world. It is the highest ranked faculty in Europe, according to the 2023 QS World University Rankings, with no fewer than 13 Nobel Prizes among current and former professors and alumni. The Department’s reputation is far-reaching, with research that has influenced responses to major global challenges, such as climate change, economic instability, development and growth, at a global level.

In our highly international faculty, students will learn from global thought-leaders and gain a thorough understanding of economic principles grounded in rigorous research. A long-standing commitment to remaining at the cutting-edge of developments in the field has ensured the lasting impact of the work of the Department on the discipline as a whole. This ensures that students are equipped with the necessary analytical skills to tackle the world’s most pressing problems.

Apply

Applications are closed

We are not currently accepting applications for this course. Register your interest below to be notified when applications open again.