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Money and Banking

This is a course in the economics of central banking and financial institutions involving analytical economic reasoning and elements of macroeconomic and financial modelling.

The aims of the course are:

  • to provide an understanding of how interest rates, money supply and central bank actions affect the decisions of economic agents, financial markets and prices.
  • to examine the recent trends and developments in domestic and international banking.
  • to increase students’ awareness on the importance of monetary and financial policies for financial analysis.
  • to demystify central bank policies by developing an understanding of their purpose, organisation, function, and operations.
  •  to introduce students to a number of recent developments and timely policy debates about financial markets and the role of central banks.

Exam info and full course description

Exam info and full course description can be found in the course catalogue.

Admission Requirements

Course specific:

To apply for the course you must either be enrolled in a bachelor's degree, have a bachelor's degree or have passed a qualifying entry examination.

It is recommended that participants have passed the course Intermediate Macroeconomics, Principles of Macroeconomics or equivalent.


Exchange Students: nomination from your home university

Freemovers: documentation for English Language proficiency

You can read more about the admission here.


Georgios Chortareas


Academic profile

George Chortareas is Professor of Economics at King's Business School, United Kingdom. His main academic interests are monetary policy and international finance.