Scribd
Upload
41 views

FDB101 Course Outline

This document outlines a course on money, banking, and blockchain technologies. The course will cover the role of money and financial institutions, monetary policy, banking systems, interest rates, exchange rates, and an introduction to blockchain technology. Students will learn about blockchain basics, cryptocurrencies, and applications of blockchain in capital markets. The course aims to help students understand key concepts in finance and emerging technologies like blockchain. Assessment will consist of continuous classwork and an examination.

Uploaded by

Morelate Kupfurwa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
41 views

FDB101 Course Outline

This document outlines a course on money, banking, and blockchain technologies. The course will cover the role of money and financial institutions, monetary policy, banking systems, interest rates, exchange rates, and an introduction to blockchain technology. Students will learn about blockchain basics, cryptocurrencies, and applications of blockchain in capital markets. The course aims to help students understand key concepts in finance and emerging technologies like blockchain. Assessment will consist of continuous classwork and an examination.

Uploaded by

Morelate Kupfurwa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

Midlands State University

FACULTY OF BUSINESS SCIENCES


DEPARTMENT OF ACCOUNTING SCIENCES
MONEY, BANKING AND BLOCK CHAIN TECHNOLOGIES (FDB101)

Lecturer: Ms L. Gumbo. E-mail: lgumbo@staff.msu.ac.zw Office: Room 12 Work related learning


block, (Tel-one Campus). Consulting Time: Monday and Thursday 1000hrs-1400 hrs Google
classroom. Contact time: 36 Hours.

Preamble
The module deals with the role played by money and financial institutions within Zimbabwe. It serves
as an introductory module to the broader field of banking and finance. It deals with practical aspects of
the economy such as, the role of money in the economic activity, the role of the central banks, money
supply and money demand, interest rates, monetary policy, exchange rates the issues relating to banking
structures and systems, the Zimbabwean financial system and issues in international banking business.
After taking this course a student should;
 Be able to understand the role of various financial institutions in the financial system
 Understand the role of banks and the financial intermediation process
 Understand the major characteristics and functions of money
 Understand the tools used by the central bank to conduct monetary policy
 Compare different financial instruments and the institutions that issue them
 Be able to explain what block chain is and be able to explain why we need block chain.
 Understand the real world problem(s) that block chain is trying to solve
 Understand and describe how block chain works and explain the underlying technology of
transactions, blocks, proof-of-work, and consensus building and how block chain exist in the
public domain (decentralized, distributed) yet maintain transparency, anonymity, security,
immutability and history.
 Understand how block chain is secured without any central controlling or trusted agency
 Understand how bitcoin cryptocurrency works, how it can be protected against scams, fraud,
hacks and attacks and explore platforms such as Ethereum to build applications on block chain.
Midlands State University
FACULTY OF BUSINESS SCIENCES
DEPARTMENT OF ACCOUNTING SCIENCES
MONEY, BANKING AND BLOCK CHAIN TECHNOLOGIES (FDB101)

COURSE OUTLINE

WEEK LECTURE CONTENT


(Hrs)
1.0 THE FINANCIAL SYSTEM

1.1 Overview of a financial system


(3) 1.2 The nature of financial intermediation
1.3 Types and functions of financial institutions; Central bank,
commercial banks, Savings bank, discount houses, finance
houses, Building Societies, development institutions.
1.4 Payment system in Zimbabwe

2.0 NATURE AND FUCTIONS OF MONEY

(3) 2.1 Definition of money


1
2.2 Evolution of money
2.3 Functions of money
2.4 Characteristics of money
2.5 Official definitions of major monetary aggregates in
Zimbabwe

3.0 THE MONEY CREATION PROCESS AND THE THEORIES


OF MONEY SUPPLY AND DEMAND

(3) 3.1
The money creation process
3.2
Limitations of the money creation process
3.3
The quantity theory of money
3.4
The demand of money theories
3.4.1 The Classical theory
3.4.2 Keynesian liquidity preference theory
3.4.3 Monetarist theory
4.0 MONETARY POLICY AND CONTROLS
(3) 4.1 Monetary policy in Zimbabwe
4.2 Instruments of monetary policy
4.2.1 Open Market operations
4.2.2 Reserve requirement ratio
4.2.3 Bank rate
4.2.4 Moral suasion
4.2.5 Prescribed asset ratios
4.3 Contribution of the fiscal policy

5.0 BANKING STRUCTURES AND SYSTEMS


(3) 5.1 Types of bank structures; Branch banking, Monopolism,
Centralized authority, Unit banking, Chain banking
5.2 Assets and liability management
5.3 Instruments of the Zimbabwean financial market
5
Midlands State University
FACULTY OF BUSINESS SCIENCES
DEPARTMENT OF ACCOUNTING SCIENCES
MONEY, BANKING AND BLOCK CHAIN TECHNOLOGIES (FDB101)

6.0 THE THEORY OF INTEREST RATES

(3) 6.1 Determination of the level of interest rates


6.1.1 Loanable funds theory
6.1.2 Liquidity preference
6.1.3 Price anticipation effect
6.1.4 Government policy
6.2 The yield curve, the term structure of interest rates

7.0 THE THEORY OF EXCHANGE RATES


(3) 7.1 Exchange rate systems; fixed, free floating, managed, pegged
7.2 Foreign exchange market and transactions
7.3 Exchange rate equilibrium

8.0 AN INTRODUCTION TO BLOCKCHAIN


(3) 8.1 Evolution of block chain and cryptocurrencies
8.2 Block chain basics and the role of digital borderless currency
8.3 Components of Blockchain
8.4 Mechanics of a block chain transaction
8.5 Block chain accounting systems and the distributed ledger

9.0 CRYPTOCURRENCIES AND BLOCK CHAIN


TECHNOLOGIES
(3) 9.1 Mechanics of cryptocurrency trading
8.4.1 Introduction to Bitcoin, Ethereum and Tether
8.4.2 Creating wallets and sending cryptocurrency
8.4.2 Block chain user facing tools, applications, compute and
consensus
8.4.3 Cryptography, mining and digital signatures
8.5 Block chain use in capital markets and the future of money
8.6 Risk and limitations of applying block chain technology in banking
8.7 The role of financial regulation for cryptocurrencies
8.8 Central Bank digital currency and Exchanges

RECOMMENDED READING:

Dudley G.L, (2000), Money and Banking, McGraw and Hill

Ghatak S, (1981), Monetary Economics in Developing Countries, McGraw a Hill


Midlands State University
FACULTY OF BUSINESS SCIENCES
DEPARTMENT OF ACCOUNTING SCIENCES
MONEY, BANKING AND BLOCK CHAIN TECHNOLOGIES (FDB101)

Simpson T. (1985), Money and Banking and Economic analysis, Prentice Hall Inc.

Whiting .P, Mastering Banking, Macmillan


Mzumara M (2006) The Theory of Money and Banking in Modern Times, Tate, USA

Nadar EN. Money and Banking. PHI Learning Pvt. Ltd.; 2013 Jun 21.

James, J. A. (2015). Money and capital markets in postbellum America. Princeton University Press.

Chikoko l and Mabonga JT (2012), Principles of Money and Banking, Mambo bookpress, Gweru.

Arvind Narayanan (AN)Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction


Rani N, Harshita, Prakash PR (2021). Blockchain in Capital Markets: Applications, Possibilities and
Challenges. South Asian Journal of Management.
Vasquez G (2021). An Introduction to Blockchain. CPA Journal.

Assessment
The final mark shall be allocated as follows:
Continuous assessment (class participation, assignments, and in class tests) 30%
Examination 70%
Total 100%

Continuous assessment comprises of individual assignments, tests, group presentations and class
participation.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy