The unit of study focuses on the operations of the financial system and management of money in a real economy with special reference to Australia. Topics include: the financial sector and the real economy; the evolution of the financial system; financial institutions and instruments; efficiency of the financial sector; monetary theory; and monetary policy. The unit will identify and promote the analytical skills required to assess the determinants, and impacts on the economy, of changes in monetary policy and interest rates.
Unit details
Location:
Study level:
Undergraduate
Credit points:
12
Unit code:
BEO2000
Prerequisites
BEO1105 - Economic Principles
BEO1103 - Microeconomic Principles or
BEO1104 - Macroeconomic Principles
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Learning Outcomes
| 1. | Analyse the operations of Australian and global financial systems; | ||
| 2. | Integrate conceptual and practical understandings of financial institutions in order to analyse the manner in which they operate; | ||
| 3. | Analyse the principles of monetary theory to explain the management of money in a real economy; | ||
| 4. | Analyse knowledge of commercial bank functions in order to understand their impact on the flow of funds; and | ||
| 5. | Work collaboratively in teams while exhibiting individual responsibility and accountability. |
Assessment
Melbourne campuses
Students studying under the VU Block Model.
| Assessment type | Description | Grade |
|---|---|---|
| Test | In-class Test | 20% |
| Test | In-class Test | 25% |
| Presentation | Case Study Group Presentation | 15% |
| Other | Final Assessment - Journal & Test | 40% |
Other locations
| Assessment type | Description | Grade |
|---|---|---|
| Test | Mid Semester Test | 20% |
| Assignment | Group Assignment. | 20% |
| Examination | Final Exam | 60% |
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