ECON 3103 Introduction to Money and Banking | UNB

Global Site Navigation (use tab and down arrow)

College of Extended Learning

Introduction to Money and Banking

Subject Course No. Credit Value
Economics ECON 3103 Three (3) credit hours

This is an introductory level undergraduate course that will introduce you to the theory of money, history of monetary systems, deposit creation, central and commercial banking, financial market, stock exchange, monetary policy and foreign exchange market. Upon completion of this course, students should be better prepared to make investment decisions in integrated financial markets.

Instructor: Dr. Murshed Chowdhury (please contact the instructor if you need an up-to-date syllabus)
Prerequisite: All students taking this course must have already taken: 3 ch of first-year macroeconomics (ECON 1023 or ECON1024 or ECON 1073 or an instructor-approved substitute).

Why take this course?

  • Gain an understanding of the money market, stock market, and foreign exchange market.
  • Develop expertise in making investment decisions and learn about financial instruments, financial markets, financial institutions, and financial crises.
  • Grasp the idea of who decides about the interest rates, money supply in the economy and the structure and functions of the Central Bank in Canada, the US, and other (selected) countries.

Course details

Students have six months from the registration date to complete the course. All course exams and/or assignments must be completed by the designated end date.

Assignments and examinations

  • 13 (best 10 will be counted) x Quizzes (20% total)
  • 1 x Mid-course Test (10%)
  • 1 x Monetary Policy Assignment (8%)
  • Participation in Discussion Board Questions (2%)
  • 1 x Final Exam (invigilated, 60%)

The exam(s) for this course will be invigilated on an approved date using Respondus e-proctoring software (LockDown Browser and Monitor). This is a free tool provided with this course, a webcam is required. More information will be given once you have been registered. 

Fees and payments

There is a $150 non-refundable/non-transferable online fee per course in addition to applicable tuition & fees. Learn more about tuition and fees and methods of payment.