SemesterFall Semester, 2019
DepartmentIntegrated Curriculum by Dept. of Economics
Course NameMoney and Banking
InstructorLAI TING-WEI
Course TypeSelectively
PrerequisiteEconomic Analysis、Economics、Intro Microeconomics、Introduction to Economics、Principle of Economics
Course Objective
Course Description
Course Schedule

The tentative course schedule is summarized as follows: 

Part 1: Introduction

Chapter 1: Why Study Money, Banking, and Financial Markets? (Sep. 20)

Chapter 2: An Overview of the Financial System (Sep. 20)

Chapter 3: What Is Money? (Sep. 27)

Part 2: Financial Markets

Chapter 4: The Meaning of Interest Rates (Oct. 4)

Chapter 5: The Behavior of Interest Rates (Oct. 18)

Chapter 6: The Risk and Term Structure of Interest Rates (Oct. 25--Nov. 1)

Chapter 7: The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis (Nov. 1)

*Midterm Exam (Nov. 8)

Part 3: Financial Institutions

Chapter 8: An Economic Analysis of Financial Structure (Nov. 15)

Chapter 9: Banking and the Management of Financial Institutions (Nov. 22)

Chapter 10: Economic Analysis of Financial Regulation (Nov. 29)

Chapter 11: Banking Industry: Structure and Competition (Dec. 29)

*Presentation (Dec. 6)

*Presentation (Dec. 13)

Chapter 12: Financial Crises in Advanced Economies (Dec. 20)

Chapter 13: Financial Crises in Emerging Economies (Dec. 27)

*Final Exam (Nov. 8)

Teaching Methods
Teaching Assistant



Mid-term (case analysis): 30% 

Final exam: 30% 

Presentation: 20% 

Discussions and class participation: 20%

Textbook & Reference

1. Mishkin, F. S., The Economics of Money, Banking and Financial Markets, 12th edition, Pearson.


2. Cecchetti, G. Stephen and Lermit L. Schoenholtz, Money, Banking and Financial Markets, 4th edition,

McGraw-Hill. (highly recommended)

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