Money and Banking

Start Date
14/11/2016

End Date
26/02/2017

Enrollment End Date
26/02/2017

No. of
Enrollments
480 students

No course
syllabus uploaded

Created by

Jaswinder Singh
Delhi University
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Course Language
English
Course Type
Scheduled
Video transcripts
Course Category
Commerce
Learning Path
Post graduate
Course Length
0 Hours
Weekly time commitments
0 Hours
Course Completion
Exam Date
To be announced
Credits
0

153

Tutorials

13

Tests

1

Assignment

0

Article

0

Weekly Reading list

Overview

Course Overview:

This course entitled “Money and Banking” has been designed in a very systematic and logical manner for self-learning of a virtual learner. This course shall be presented through a variety of multimedia enriched e-content, activities and assessments so that you are able to understand various topics very well.

The entire course shall be delivered in 15 weeks including two weeks for Revision and Assessment. In the weeks 1-7 and 9-14, you shall be provided with self-learning e-content including videos, e-text, activities and weekly quizzes. You must attempt all these quizzes.  In the 8th and 15th weeks, you are supposed to revise what you have learnt till then and you shall be given assignments and quizzes. Grades obtained in these shall be counted in the final grading.

This shall be followed by proctored examination(s) covering entire syllabus, which shall be duly notified. A team of PI/co-PI, Course Coordinator, Tutor(s)/ Teaching Assistants shall always be there with you to provide you support for any problems you face. You can post your queries in the discussion forums or through mail. At the end of the course, you must provide feedback which will help us to enhance the quality of this course further.

Objectives of the course:

This paper is designed to acquaint the students about the concept of Money, and the theories of money supply and money demand determination in an economy.

It analyses then, how interest rates are determined, and how do they factor in maturity, risk and uncertainty of different assets leading to the Heterogeneity of interest rates. In the context of India, the evolution of the interest rate structure leading to an appropriate interest rate policy would be analysed particularly in a globalized economy where they are linked with international interest rates.

At the apex, the role of the Central Bank is extremely important particularly, in monetary policy making. The goals and targets are sought to be achieved using various instruments and techniques. The effectiveness of the monetary policy in an open economy depends on how the policy makers solve the problem they encounter.

A financial system is a complex of financial assets, financial markets and financial institutions or intermediaries to serve a designated purpose. The portfolio management of banks as financial intermediaries and their problems of capital adequacy are issues that need to be looked into just as the growing importance of non-banking intermediaries and their regulation.

The nature of Financial markets and its regulation have necessitated Financial sector reforms in India particularly in the phase of growing instability in the international monetary system leading to crisis and hence requiring reforms.

 

Eligibility for enrollment :

For credit transfer, a learner should be enrolled in any of the following:

Pursuing M.A – Economics

B.A.- (H) Economics- Final year

Bachelors of Business Economics- Final Year

As Elective/Optional course for any other equivalent/relevant course

For others: No eligibility

 

Course prerequisite, intended audience and reading materials

Pre-Requisites

For pursuing this course, students are required to be familiar with the following concepts:

Financial concepts of balance sheets and income statement of a financial institution.

Basic mathematical knowledge is desirable and the ability to interpret graphs and curves in a two dimensional space is expected.

An interest and understanding of the complexities of a financial system and the laws governing them would be an added advantage

Intended Audience     

Pursuing M.A- Economics

BA(Economics) honours

BA ( Business Economics/Financial economics) honours

B. Com(Hons)

B.A.(pass) with good understanding of monetary financial system

 

Reading Materials:

Narendra Jadhav “Monetary Policy, Financial Stability and Central Banking in India”

Stephen Cecchetti and Kermit Schoenholt, “Money, Banking and Financial Markets”, 2014, McGraw-Hill Education

“Foundations of Financial Markets and Institutions” by F. J. Fabozzi, F. Modigliani, F. J. Jones, M. G. Ferri

 

Learning outcomes

After studying this MOOC, you shall be able to

Know what is the definition and measurement of money and the theories of money supply and demand.

Analyse the determinants or factors affecting money supply and demand in India.

Understand the concept of interest rate determination and the importance of time value of money, risk and uncertainty.

Discuss the course of heterogeneity of interest rates and in particular, the theories of term structure of interest rates. The existing interest rate structure and an appropriate interest rate policy.

Analyse the role and functions of a central bank and the goals, targets and instruments of monetary policy along with the problems in effective implementation of the latter.

Know how to classify financial systems and discuss the role and functions of its components like Financial intermediaries (their portfolio management and introduction of provisioning norms), cooperative banks and NBFI’s

Understand the structure and regulation of financial markets and financial sector reforms in the face of crisis.

Understand the international monetary systems.

Other Skills: Interactivity, Virtual discussion, Time management, Self-Learning

 

 

To access the content, please enroll in the course.

Faculty

Jaswinder Singh


Dr. Jaswinder Singh

Principal

SGTB Khalsa College

University of Delhi

Delhi-110007

FAQs

No FAQ has been added to this course yet.

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