International Financial Institutions and Markets

Undergraduate | 2026

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area/catalogue icon
Area/Catalogue
ECON 1005
Course ID icon
Course ID
200312
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course level icon
Course level
1
Study abroad and student exchange icon
Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
University-wide elective icon
University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes
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Note:
Course data is interim and subject to change

Course overview

This course introduces the institutions, markets and securities that form the basis of modern financial and monetary systems. Australian and international economies and their financial systems will be considered with reference to current financial news and affairs. This course also introduces some of the main concepts and methods used in financial and monetary economics and provides a sound basis for students progressing to the study of monetary economics, financial economics and international finance at higher levels. At the same time, it is a valuable, self-contained and up-to-date overview of international financial markets and institutions for non-specialists.

Course learning outcomes

  • Identify and explain the main functions of the principal financial markets and institutions in a typical modern financial system
  • Apply balance sheet principles to analyse banking operations, financial relationships among institutions, and their broader connections to the economy
  • Identify objectives of, and describe global approaches to implementing, monetary policy
  • Describe the money, bond, and equities markets, and explain the functional distinctions among these financial markets
  • Discuss the interplay between macroeconomic aggregates and markets, explore the link between financial markets and social welfare, and grasp the dynamics of signals and messaging in financial markets

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A