Course Description
This course is an overview of the institutional and practical aspects of the banking and financial sectors of the economy, withemphasis on how the two sectors impact on the economic well being of workers, consumers, and investors. This course is
designed for students with no previous knowledge or training in economics. Topics to be discussed include: interest rate
determination, operation of the banking system, banking policy and supervision, liquidity, money supply and exchange rate
systems, investment returns, stock markets, risk diversification and portfolio choice, ,and their relationships with consumer
prices, trade, investment, unemployment and the level of economic activity.
CUHK
UGEC1560 Basic Banking and Finance