Students attend three classroom hours per week (in one block), comprising lectures using a mix of theory and practical applications, delivered in First Semester, and in both day and evening sessions.
Of course, you only have to attend one of these sessions! Timing and location of the Econ350 Lecture Programme can be found at:
Students are expected to attend the full quota of lectures as all the material covered in class is examinable.
The lectures of Econ350 will be recorded on the University’s i-Lecture facility. This can be found at: http://ilearn.mq.edu.au
Required and Recommended Texts and/or Materials
There is no set textbook for Econ350. Here are some useful books for this course (as they are for the ‘sister unit’, Econ 335, The Economics of Financial Institutions)
Kidwell, D. et al. 2014, Financial Markets, Institutions and Money (3rd edn), Australian Edition, John Wiley & Sons Australia.
Niall Ferguson. 2008, ‘The Ascent of Money’, published Allen Lane (Penguin), London. This book provides an overview of the history of money and finance – indeed, its subtitle is ‘A Financial History of the World’. What makes this different to most books recommended for courses such as this is that it is also great fun to read – full of drama, violence, scandal, passion, crime, and so on – in short, all the things that really drive money and finance. It takes its story all the way up to mid-2008. A television series on the book was also made in 2008, and broadcast on the ABC (and it is available on YouTube at https://www.youtube.com/watch?v=fsrtB5lp60s). Also, there is an interview with Ferguson about the book on the web. This interview (‘Afterwords: Niall Ferguson author of ‘The Ascent of Money: A Financial History of the World” interviewed by Adrian Woolridge, Washington bureau chief for The Economist’) appeared on the US public broadcaster ‘C-SPAN’ (on November 17, 2008). To find it, simply go to the C-Span website (www.c-span.org) and type in the title above (or, of course, use Google).
Technology Used and Required
Learning and Teaching Activities
As noted above, this unit is taught via three hours of lectures per week. In terms of student activity in relation to this, it is suggested that lecture slides and/or any readings be read in advance. Meanwhile, keeping up to speed on events impacting financial institutions and markets will be highly advantageous.