ECO3010 : Monetary Economics
- Offered for Year: 2020/21
- Module Leader(s): Dr David Barlow
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
| Semester 1 Credit Value: | 10 |
| ECTS Credits: | 5.0 |
Aims
The module considers in depth various issues relating to the nature of money, demand and supply of money, money and economic activity, the role of the central bank.
Outline Of Syllabus
Introduction: the nature of money, the monetary economy and monetary measurement.
Supply and demand for money.
The transmission mechanism from money to aggregate demand.
The Central Bank.
The conduct of monetary policy.
Teaching Methods
Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 1 | 33:00 | 33:00 | N/A |
| Structured Guided Learning | Lecture materials | 18 | 1:00 | 18:00 | N/A |
| Scheduled Learning And Teaching Activities | Small group teaching | 3 | 1:00 | 3:00 | Seminars |
| Structured Guided Learning | Structured non-synchronous discussion | 1 | 10:00 | 10:00 | Includes seminar debriefing video, and additional materials. |
| Scheduled Learning And Teaching Activities | Workshops | 2 | 1:00 | 2:00 | N/A |
| Guided Independent Study | Independent study | 1 | 30:00 | 30:00 | N/A |
| Scheduled Learning And Teaching Activities | Scheduled on-line contact time | 8 | 0:30 | 4:00 | discussion board |
| Total | 100:00 |
Teaching Rationale And Relationship
Lecture materials provide an overview. Seminars, workshops and structured guided learning and independent study test student's understanding, give opportunities for discussion and enhance learning.
Assessment Methods
Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.
The format of resits will be determined by the Board of Examiners
Other Assessment
| Description | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|
| Essay | 1 | M | 100 | 2000 words |
Formative Assessments
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Essay | 1 | A | Students are invited to submit answers to questions from past exam papers to receive feedback |
Assessment Rationale And Relationship
The essay is designed to test students' knowledge and ability to analyse monetary issues.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO3010's Timetable