ECON352 Money and Banking
ECON352 Money and Banking
Syllabus | International University of Sarajevo - Last Update on Jan 01, 2026
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Economics
Mehmed Ganić
Course Lecturer
Course Objectives
The course offers an overview of monetary theory and policy in both domestic and international finance. It starts with a discussion of the key factors of interest rates and the organization and operation of the banking sector, behavior of interest rates, the risk and term structure of interest rates, multiple deposit creation and the money supply process, exchange rate and the foreign exchange market then covers the theories of money demand and supply, the monetary policy instruments and the process of transmission of monetary policy and fiscal policy. Also, it covers international financial flows to determine their effects on domestic and international monetary policy, incorporating real-world examples and case studies.
Learning Outcomes
After successful completion of the course, the student will be able to:
Course Materials
Required Textbook
Mishkin, F. S. (2019). The economics of money, banking, and financial markets. 12th Global Edition. Pearson Education Limited.
Additional Literature
Occasional articles related to topics discussedTeaching Methods
The methods include lectures (which may involve PowerPoint presentations and video and audio aids)
Student presentations
Projects and class discussions.
Weekly Topics
| Week | Topic | Readings / References |
|---|---|---|
| 1 | What is Money? | Chapter 3 |
| 2 | An Overview of the Financial System | Chapter 2 |
| 3 | Money and Interest Rates | Chapters 3-4 |
| 4 | Quiz / Behavior of Interest Rates, The Risk and Term Structure of Interest Rates | Chapters 5-6 |
| 5 | Monetary policy and central banking | Part IV |
| 6 | Transmission Mechanisms of Monetary Policy | Chapter 25 |
| 7 | Case Study 1 | |
| 8 | Midterm exam | |
| 9 | Banking and the Management of Financial Institutions | Chapters 9 |
| 10 | Multiple deposit creation and the Money Supply Process | Chapters 15 |
| 11 | Exchange Rate and The Foreign Exchange Market | Chapter 20 |
| 12 | International Monetary System | Chapter 21 |
| 13 | Case study 2 | |
| 14 | Individual Project - Presentation | |
| 15 | Individual Project - Presentation |
Course Schedule (All Sections)
Office Hours & Room
| Day | Time | Office | Notes |
|---|---|---|---|
| Monday | 12:00 - 15:00 | B F1.14 | |
| Tuesday | 13:00 - 15:00 | B F1.14 |
Assessment Methods and Criteria
Assessment Components
Final Exam
AI: Not AllowedAlignment with Learning Outcomes : 1 2 3 4 5 6
Midterm Exam
AI: Not AllowedAlignment with Learning Outcomes : 1 2 3
Class Discussion
AI: Not AllowedAlignment with Learning Outcomes : 1 2 3 4 5 6
Quizz
AI: Not AllowedAlignment with Learning Outcomes : 1 2 3
Presentation
AI: Not AllowedAlignment with Learning Outcomes : 3 4 5 6
Homework
AI: Not AllowedAlignment with Learning Outcomes : 2 3 4
IUS Grading System
| Grading Scale | IUS Grading System | IUS Coeff. | Letter (B&H) | Numerical (B&H) |
|---|---|---|---|---|
| 0 - 44 | F | 0 | F | 5 |
| 45 - 54 | E | 1 | ||
| 55 - 64 | C | 2 | E | 6 |
| 65 - 69 | C+ | 2.3 | D | 7 |
| 70 -74 | B- | 2.7 | ||
| 75 - 79 | B | 3 | C | 8 |
| 80 - 84 | B+ | 3.3 | ||
| 85 - 94 | A- | 3.7 | B | 9 |
| 95 - 100 | A | 4 | A | 10 |
Late Work Policy
Information about late submission policies will be shared during class and posted in this section. Please check back for official guidelines.
ECTS Credit Calculation
📚 Student Workload
This 6 ECTS credit course corresponds to 150 hours of total student workload, distributed as follows:
Lecture Hours
45 hours ⏳ (15 week × 3 h)
Home Study
45 hours ⏳ (15 week × 3 h)
Quizz
7 hours ⏳ (1 week × 7 h)
Midterm Exam Study
16 hours ⏳ (1 week × 16 h)
Final Exam Study
22 hours ⏳ (1 week × 22 h)
Homework
3 hours ⏳ (1 week × 3 h)
Project
12 hours ⏳ (1 week × 12 h)
150 Total Workload Hours
6 ECTS Credits
Course Policies
Academic Integrity
All work submitted must be your own. Plagiarism, cheating, or any form of academic dishonesty will result in disciplinary action according to university policies. When in doubt about citation practices, consult the instructor.
Attendance Policy
Students are expected to adhere to the attendance requirements as outlined in the International University of Sarajevo Study Rules and Regulations. Excessive absences, whether excused or unexcused, may impact academic performance and eligibility for assessment. Mandatory sessions (e.g., labs, workshops) require attendance unless formally exempted. For detailed policies on absences, documentation, and penalties, please refer to the official university regulations.
Technology & AI Policy
Laptops/tablets may be used for note-taking only during lectures. Phones should be silenced and put away during all class sessions. Audio/video recording requires prior permission from the instructor.
Artificial Intelligence (AI) Usage: The use of AI tools (e.g., ChatGPT, Copilot, Gemini) varies by assessment component. Please refer to the AI usage indicator next to each assessment item in the Assessment Methods and Criteria section above. Submitting AI-generated content as your own work, where AI is not explicitly allowed, constitutes an academic integrity violation.
Communication Policy
All course-related communication should occur through official university channels (institutional email or SIS). Emails should include [ECON352] in the subject line.
Academic Quality Assurance Policy
Course Academic Quality Assurance is achieved through Semester Student Survey. At the end of each academic year, the institution of higher education is obliged to evaluate work of the academic staff, or the success of realization of the curricula.
Learning Tips
Be prepared to contribute thoughtfully during class discussions, labs, or collaborative work. Active participation deepens understanding and encourages critical thinking.
Complete assigned readings or prep materials before class. Take notes, highlight key ideas, and jot down questions. Aim to grasp core concepts and their applications—not just facts.
Use course frameworks or methodologies to analyze problems, case studies, or projects. Begin early to allow time for reflection and refinement. Seek feedback to improve your work.
Don’t hesitate to reach out when something is unclear. Use office hours, discussion boards, or peer networks to clarify concepts and stay on track.
Syllabus Last Updated on Jan 01, 2026 | International University of Sarajevo
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Referencing Curricula Print this page
| Course Code | Course Title | Weekly Hours* | ECTS | Weekly Class Schedule | ||||||
| T | P | |||||||||
| ECON352 | Money and Banking | 3 | 0 | 6 | Wed 09:00 - 11:50 | |||||
| Prerequisite | ECON202 | It is a prerequisite to | - | |||||||
| Lecturer | Mehmed Ganić | Office Hours / Room / Phone | Monday: 12:00-15:00 Tuesday: 13:00-15:00 |
|||||||
| mganic@ius.edu.ba | ||||||||||
| Assistant | Assistant E-mail | |||||||||
| Course Objectives | The course offers an overview of monetary theory and policy in both domestic and international finance. It starts with a discussion of the key factors of interest rates and the organization and operation of the banking sector, behavior of interest rates, the risk and term structure of interest rates, multiple deposit creation and the money supply process, exchange rate and the foreign exchange market then covers the theories of money demand and supply, the monetary policy instruments and the process of transmission of monetary policy and fiscal policy. Also, it covers international financial flows to determine their effects on domestic and international monetary policy, incorporating real-world examples and case studies. | |||||||||
| Textbook | Mishkin, F. S. (2019). The economics of money, banking, and financial markets. 12th Global Edition. Pearson Education Limited. | |||||||||
| Additional Literature |
|
|||||||||
| Learning Outcomes | After successful completion of the course, the student will be able to: | |||||||||
|
||||||||||
| Teaching Methods | The methods include lectures (which may involve PowerPoint presentations and video and audio aids), student presentations, projects and class discussions. | |||||||||
| Teaching Method Delivery | Face-to-face | Teaching Method Delivery Notes | ||||||||
| WEEK | TOPIC | REFERENCE | ||||||||
| Week 1 | What is Money? | Chapter 3 | ||||||||
| Week 2 | An Overview of the Financial System | Chapter 2 | ||||||||
| Week 3 | Money and Interest Rates | Chapters 3-4 | ||||||||
| Week 4 | Quiz / Behavior of Interest Rates, The Risk and Term Structure of Interest Rates | Chapters 5-6 | ||||||||
| Week 5 | Monetary policy and central banking | Part IV | ||||||||
| Week 6 | Transmission Mechanisms of Monetary Policy | Chapter 25 | ||||||||
| Week 7 | Case Study 1 | |||||||||
| Week 8 | Midterm exam | |||||||||
| Week 9 | Banking and the Management of Financial Institutions | Chapters 9 | ||||||||
| Week 10 | Multiple deposit creation and the Money Supply Process | Chapters 15 | ||||||||
| Week 11 | Exchange Rate and The Foreign Exchange Market | Chapter 20 | ||||||||
| Week 12 | International Monetary System | Chapter 21 | ||||||||
| Week 13 | Case study 2 | |||||||||
| Week 14 | Individual Project - Presentation | |||||||||
| Week 15 | Individual Project - Presentation | |||||||||
| Assessment Methods and Criteria | Evaluation Tool | Quantity | Weight | Alignment with LOs | AI Usage |
| Final Exam | 1 | 40 | 1,2,3,4,5,6 | Not Allowed | |
| Semester Evaluation Components | |||||
| Midterm Exam | 1 | 25 | 1,2,3 | Not Allowed | |
| Class Discussion | 1 | 5 | 1,2,3,4,5,6 | Not Allowed | |
| Quizz | 1 | 15 | 1,2,3 | Not Allowed | |
| Presentation | 1 | 10 | 3,4,5,6 | Not Allowed | |
| Homework | 1 | 5 | 2,3,4 | Not Allowed | |
| *** ECTS Credit Calculation *** | |||||
| Activity | Hours | Weeks | Student Workload Hours | Activity | Hours | Weeks | Student Workload Hours | |||
| Lecture Hours | 3 | 15 | 45 | Home Study | 3 | 15 | 45 | |||
| Quizz | 7 | 1 | 7 | Midterm Exam Study | 16 | 1 | 16 | |||
| Final Exam Study | 22 | 1 | 22 | Homework | 3 | 1 | 3 | |||
| Project | 12 | 1 | 12 | 0 | ||||||
| 0 | 0 | |||||||||
| Total Workload Hours = | 150 | |||||||||
| *T= Teaching, P= Practice | ECTS Credit = | 6 | ||||||||
| Course Academic Quality Assurance: Semester Student Survey | Last Update Date: 30/01/2026 | |||||||||