[EC3332] Money and Banking (by AP Goenka)

breakdown of assessment:
2 Assignments (10% each);
closed book mid-term (30%);
closed book final-examination (50%)

both midterm and final examination had a compulsory newspaper commentary question. So you must be updated with whats is going on around the world.
Other than that its 3C2 structured questions which are very similar to tutorial/assignments.

The module is very interesting. It covers contents such as why is money necessary, roles of commercial banks and central banks. Central to the module is the overlapping generation model, and a variety of variations of the model. It also covers different banking models which justifies roles of banks. Quite some math is demanded in terms of taking first order condition, and quite a few models and equations to remember.
A highlight of the module is that it is closely related to what is current in the news. AP Goenka designed the lecture such that it relates to real worlds problems closely, and current events(such as European crisis, economics nobel prize winners)are immediately included in the lecture content. AP Goenka is incredibly good at applying the theory to real world happenings. It is really interesting to sit through the lectures and listen to him explain. The module is webcasted so you can alway re-watch.

The content, however, is a little harder than the textbook (but the exam follows the difficulty level of textbook quite closely). The assignments tend to be based on some actual economic paper, but the lecturer has simplified it such that it is doable, but pretty time-consuming. But there is a great sense of achievement from completing the assignments.

The downside is that the textbook and the lecture material(yes BOTH) tend to have mistakes, so read through everything carefully. Also, AP Goenka is pretty hard to catch for consultation, and doesnt reply email very often.

Overall, I highly recommend this module for anyone who wish to appreciate economic models in a real world context. It is definitely one of the best modules that I have taken.