NORTON UNIVERSITY College of Social Sciences Tentative Course Description and Objectives 1.

2. 3. 4. 5. Course Instructor: Course Name: Credit Point: Pre-requisites: Huot Norak (Mr.) Phone: (855) 12 38 70 80 E-mail: norak_huot@nbc.org.kh Banking and Monetary System 3 credits Macroeconomics I, Basic Mathematics, and Strong desire and genuine effort to learn are very important prerequisites.

Course Objectives and Aims: The course is designed to provide students with broad understanding about the functioning of money, banking, and financial markets, along with the financial system that supports them. With this regard, the course analyzes how the economy is affected by the financial institutions and markets. Therefore, the structures of financial systems are varied from country to country depending on their stages of economic development. So, this course seeks to provide an overview of the structure and functioning of the financial system in the context of Cambodias economy by covering the commercial bank operation and nature of money. In the course, emphasis will also be given to the role of central bank, which has a principal mission to determine and direct the monetary policy, and the exchange rate regime in Cambodia as well as the pattern of dollarization in the country. Learning outcomes for students: By the end of the course, students will be able: (a) To understand the functions performed and the roles played by the system of financial markets and financial institutions in the global economy and in our daily lives (b) To discover how important the money and capital markets and the whole financial system are to increasing our standing of living, generating new jobs, and so on. (c) To have the basis to make informed judgments about the conduct of government policy (d) to understand the commercial operation (e) To have basis factual knowledge regarding the functions of money, interest rates, foreign exchange, bank management, and dollarization economy, and so on. (f) To enhance collaborative learning and team works (g) To acquire methodological foundation necessary for future higher studies Content of the Course: - Chapter 1 : Introducing Money, Banking, and Financial Markets a) What Exactly Do We Mean By Money, Banking, and Financial Market? b) Chapter 2 Chapter 3 Chapter 4 Chapter 5 : : : : Overview of Financial System Baking System and Commercial Bank operation in Cambodia Central Bank and Monetary Policy Framework in Cambodia Exchange Rate Regime: the case of Cambodias Economy

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Learning and Teaching Strategies: (a) Classroom lectures (b) Teacher-led discussion (c) Homework assignments and group discussion (d) Individual research Assessment Method (grading): Students assessment will depend on performance of the following: (a) Class participation, attendant, discipline (b) Mid-term exam (c) Project works & Assignments (d) Final examination Learning Resources: Text Books: (1) Frederic S. Mishkin (2006), The Economics of Money, Banking, and Financial Markets, Seventh Edition Update, PEARSON Addition Wesley. (2) Dollarization in Cambodia, by the National Bank of Cambodia, update March 28, 2007. (3) Money and Banking, by Te Laurent (4) Journals, newspapers and other documents (will be provided during the class) Reference Books: (1) Ritter, Silber, and Udell (2004), Principles of Money, Banking, & Financial Markets, eleventh edition, PEARSON Addition Wesley. (2) Peter S. Rose (2006), Money and Capital Markets (3) Peter S. Rose (2002), Commercial Bank Management, 5th Edition Internet Sites: (1) http://www.pearsoned.ca/highered/divisions/text/mishkin_2/ppt.html (2) http://highered.mcgraw-hill.com/sites/0072486767/ (3) http://www.econ.iastate.edu/classes/econ353/tesfatsion/ExerPrac.htm (4) http://www.nbc.org.kh/index.asp (5) http://online.wsj.com/public/us (The Wall Street Journal) (6) http://www.bloomberg.com/index.html?Intro=intro3

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