Each week, there will be a pre-recorded lecture posted on the unit iLearn page, along with the lecture slides.
Starting in Week 2, there will be one-hour live zoom class, Wednesday 12-1pm, to discuss questions regarding the lecture topics.
All materials for the unit, such as pre-recording lectures, lecture notes, readings, and discussion questions will be available to students on the unit iLearn site at http://ilearn.mq.edu.au. Students are strongly encouraged to check the unit iLearn page weekly for announcements as well as the unit schedule, additional readings, assessment information, and discussion questions.
There is no prescribed textbook for Econ2050.
Recommended Texts and/or Materials
(i) Kidwell, D. et al. 2019, Financial Markets, Institutions and Money (4th edn), Australian Edition, John Wiley & Sons Australia.
(ii) Madura, J. 2018, Financial Markets and Institutions (12th edn), Cengage Learning,
(iii) Niall Ferguson (2008) ‘The Ascent of Money’, Allen Lane (Penguin), London.
This book provides an overview of the history of money and finance. 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 it is available on YouTube at https://www.youtube.com/watch?v=fsrtB5lp60s.
(iv) Felix Martin (2014) 'Money: The Unauthorized Biography--From Coinage to Cryptocurrencies'. Here is the review of the book from the New York Times: https://www.nytimes.com/2014/04/13/books/review/money-by-felix-martin.html
(v) Mervyn King (2016) 'The end of Alchemy: Money, Banking and the future of the Global Economy'. Here is the review of the book from the New York Times: http://www.nybooks.com/articles/2016/07/14/money-brave-new-uncertainty-mervyn-king/
(vi) Glyn Davies (2016) 'A History of money from ancient times to the present day', 4th. ed. revised by Duncan Connors, Cardiff: University of Wales Press.
Other useful resources:
www.wsj.com
www.ft.com
www.bloomberg.com
www.theeconomist.com
www.rba.gov.au
Technology Used and Required
iLearn; i-Lecture