University of Liege | Version française
Study programmes 2010-2011Last update : 11/04/2011
ECON0195-1  Money, Credit, and Banking
Duration :  30h Th, 15h Pr
Credits/ECTS :  
Advanced Master in Interdisciplinary Analysis of European ConstructionSecond semester5
Bachelor in economical and in management sciences, 3rd yearSecond semester4
Bachelor in business engineering, 3rd yearSecond semester4
One-year preliminary programme leading to the Master in Economical Sciences, general orientationSecond semester5
Master in Economical SciencesSecond semester5
Holder(s) :  Lionel Artige
Language :  French language
Course contents :  This course is a general introduction to the functioning of financial markets and to the good on which it is exchanged: money.

Our objective is to define concepts and mechanisms, and study the main actors of these markets. We will focus in particular on the role of money, on the control of the quantity of money in circulation and on the price setting mechanism of money and its supports (bonds, shares...).

This course is designed for all kinds of publics but in particular to the students who are interested in finance. Unlike the courses specialised in finance, this course offers the students the analytical and theoretical tools on money and monetary policy very useful to understand financial markets and its numerous crises.
Course objective :  The objective is to give the students the vocabulary and the theoretical tools required to read and understand the economic and financial press.
Prerequisites :  Introductory economics
Workshops :  Exercise sessions and/or reading packet
Organization :  Lectures and tutorials
Written notes :  Textbook:

Frederic S. Mishkin, The economics of money, banking and the financial markets, Seventh edition 2006, Addison Wesley Longman

Press:
The Economist, Financial Times, l'Echo...
Assessment :  Written exam at the end of the semester
Contacts :  Professor :
Lionel Artige, Office I.53
Tel. : 04/366 4891
E-Mail : Lionel.Artige@ulg.ac.be

Assistant :
David Dubois, Office I.58
Tel. : 04/366 3125
E-Mail : alias_dubs@hotmail.com


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