Money, Banking and Financial Markets BSNA 2314

Course description:

This course provides students the importance of money, banking, and financial markets worldwide. Money, financial institutions, and financial markets have emerged as instruments of payments for the services of factors of production, such as labor and capital. The use of money facilitates business in a market by acting as a common medium of exchange in the market expands and develops on a national and international level, through the financial markets expands to accommodate innumerable exchanges and through agent, broker and Financial Intermediaries.

Course Aims:

Upon completion of the course, students will be able to:
  • The aim of this course is to introduce students to the way that monetary policy and the financial markets work in both theory and practice. 
  • It also aims to enable students to understand the main policy challenges central banks face in choosing appropriate goals, instruments and targets in the conduct of their monetary policy.

Course outcomes:

By the successful completion of this unit, students will be able to:
  • Understanding the meaning of money, banking and differentiate between local and international markets. 
  • Be acquainted with how the financial systems work through the International Monetary Funds.
  • Understanding the main structure and regulation of capital market.
  • Comprehending  the interest rates in the bonds and money markets; 
  • Understanding term structure of interest rates; and the main regulation of financial Intermediaries.
  • Recognizing the theories of the demand for and supply of money.
  • Grasping how central banks conduct monetary policy and fiscal policy.