NATIONAL ECONOMICS UNIVERSITY SOCIALIST REPUBLIC OF VIETNAM

CENTER FOR ADVANCED EDUCATIONAL PROGRAMS Independence – Freedom – Happiness

DETAILED SYLLABUS

1. GENERAL INFORMATION
Course name: Monetary and Financial Theories 2
Course number: NHLT 1103
Advanced educational programs
Units: 3 credits
- Theoretical hours: 30
- Practical hours: 15
Prerequisite: Monetary and Financial Theories 1

2. LECTURER’S INFORMATION
Full name: Tittle:
Address: Building , Room Phone number:
Email: @neu.edu.vn
Faculty/ Institute:School of Banking and Finance

3. COURSE DESCRIPTIONS
This course is aimed to provide students with understanding of comprehensive monetary
and financial knowledge. The course focuses on the demand of money, the central bank, the
money supply process, the monetary policy,the foreign exchange market, the international
financial system and monetary inflation.

4. REFERENCES

- Frederic S. Mishkin, The Economics of Money, Banking and Financial Markets, Pearson,
11th edition
- Nhi, C. T., & Tuan, D. A. (2016). Monetary and Financial Theories. Hanoi: Publishing
house of National Economics University.

5. COURSE GOALS

1
 Program
Course Learning Level of
Goal Description
Goals Outcomes competence
(PLO)
[1] [2] [3] [4]
Understandthe terminology, basic concepts in 1.1.2; 1.2.1;
G1 II
monetary and financial field within the subject area 1.3.4
Have ability to analyze basic operations in 1.1.2;
G2 monetary and financial field within the subject area 1.2.1;1.2.2, IV
1.3.4
Have ability to apply theoretical contents to 1.1.2; 1.2.1;
G3 empirical studies within the subject area 1.2.2, 1.3.2, III
1.3.3, 1.3.4
Apply soft skills such as team working, time IV
G4 management, effective communication, and critical 1.2.2
thinking.
Ensure discipline in work, dedication to work, IV
compliance with workplace laws and regulations;
collective building. Always be aware and have 1.2.1; 1.3.2;
G5
good ability in updating knowledge to improve 1.3.3; 1.3.4
their professional level; Always active, creative in
the work

6. COURSE LEARNING OUTCOMES (CLO)

Program
Course Learning Level of
CLO Descriptions Outcomes
goal Competence
(PLO)
[1] [2] [3] [4] [5]
Understand concepts and
characteristics of monetary
financial and banking theories
such as: (i) demand for money;
(ii) the central banks, (iii) the
G1 CLO 1.1 I II
money supply process (iv) the
monetary policy (v) exchange rate
and the balance of payment; (vii)
international finance and (viii)
inflation
G2 CLO 2.1 Analyze the quantity theory of II III
2
 money, Keynesian Theories of
Money demand, Friedman’s
quantity theory of money,
Empirical evidence for the
demand for money
Analyze the multiple deposit
CLO 2.2 creation and factors that II III
determine the money supply
Analyze basic activities of central
CLO 2.3 banks, the monetary policy II III
conduction
Analyze the factors that change
the exchange rate in the long run
CLO 2.4 and short run, Analyze the role II III
and interference of central bank in
exchange rate system.
Applying the supply and demand
analysis to predict the change in
CLO 3.1 II III
short-run and long-rung exchange
rates
G3 Discuss the model of the Central
CLO 3.2 Banks, which model is optimal for II III
the State Bank of Vietnam.
Use the views of inflation to
CLO 3.3 II III
explain the inflation in reality

7. COURSE GRADING
Assessment Assessment Percentage
Description Time CLO
methods indicators (%)

[1] [2] [3] [4] [5] [6]

Class Class participation grade Every weeks CLO 1.1 Frequency of 10%
Participation will be counted on class attendance,
attendance, contribution times of answers
in class and compliance and interaction
with the class rules. in class.
Poor class attendance,
little contribution in
class or non-compliance
with class rules will
result in a poor class
participation grade.

3
 Mid-term Mid-term exam of 60 CLO 1.1
exam minutes. Class is divided
CLO 2.1
into 4 groups with
CLO 2.2 Questions on
different tests.
Week 8 theories, 20%
CLO 2.3 multiple-choice.
CLO 3.1

CLO 3.2

Teamwork Class is divided into

several groups with 5 CLO 1.1
members per each.
CLO 2.1
Topics will be assigned
Week CLO 2.2 Group
for discussion and
3,5,7,9,11, presentation and 20%
presentations.Submit CLO 2.3
13. report
hard copy of a group’s
CLO 3.1
final report (checking
through Turnitin is CLO 3.2
required)
A 90 minute closed-
Final exam CLO 1.1
book exam will be
given.Criteria to take CLO 2.1
final exam: minimum
attendance mark is 2 and CLO 2.2
minimum each midterm Questions on
mark is 5. University CLO 2.3
All of the marks are on theories, 50%
schedule CLO 2.4
the scale of 10. multiple-choice.
CLO 3.1

CLO 3.2

CLO 3.3

8. LESSON PLAN
8.1. Theoretical hours
Class
Topics
CLO
Learning and teaching activities
Assessment methods
[1]
[2]
[3]

4
 [4]
[5]
Week 1
Introduction to the course
Chapter 1: The demand for money
CLO 1.1
CLO 2.1
- Read carefully the syllabus provided;
- Assign members to 10 groups.
- Assign topics for group’s assignments
- Textbook, Chapter 20
- Read carefully lecture note provided
Problems& discussion
Week 2
Chapter 1 (cont.): The demand for money
CLO 1.1
CLO 2.1
Textbook, Chapter 20
Read

Nhi, C. T., & Tuan, D. A. (2016). Lý thuyết Tài chính - Tiền tệ. Hanoi: Publishing House of the
National Economics University, Chapter 11.

Read carefully lecture note provided.

Problems & discussion
Week 3
Chapter 2: the central banks

CLO 1.1
CLO 2.3
CLO 3.2
Textbook, chapter 14, p. 360-386
Read carefully lecture notes provided
Problems & discussion
Week 4
Chapter 2 (cont.): The central banks
CLO 1.1
CLO 2.3
CLO 3.2

5
Textbook, chapter 14, p.360--386
Homework 1: Closing case of the Ch.2. Submit through Turnitin
Problems & discussion
Week 5
Chapter 3: The money supply process
CLO 1.1
CLO 2.2
CLO 2.3

Textbook, Chapter 15, p.386- 411

Read

Nhi, C. T., & Tuan, D. A. (2016). Lý thuyết Tài chính - Tiền tệ. Hanoi: Publishing House of the
National Economics University, Chapter 10.

Read carefully lecture note provided.

Problems & discussion
Week 6
Chapter 3 (cont.)
Chapter 4: The monetary policy
CLO 1.1
CLO 2.3
Textbook, chapter 16, 17, 26, pp 411-470
Read carefully lecture note provided
Problems & discussion
Week 7
Chapter 4 (cont.): The monetary policy
CLO 1.1
CLO 2.3
Textbook, chapter 16, 17, 26, pp 411-470
Read

Nhi, C. T., & Tuan, D. A. (2016). Lý thuyết Tài chính - Tiền tệ. Hanoi: Publishing House of the
National Economics University, Chapter 13.

Read carefully lecture note provided.

Problems & discussion
Week 8
Chapter 5: The foreign exchange market
6
CLO 1.1
CLO 2.4
CLO 3.1
Textbook, chapter 18, p.476-496
Read

Nhi, C. T., & Tuan, D. A. (2016). Lý thuyết Tài chính - Tiền tệ. Hanoi: Publishing House of the
National Economics University, chapter 15

Read carefully lecture note provided

Problems and discussion

Week 11
Chapter 6: The international financial system
CLO 1.1
CLO 2.4
CLO 3.1
Textbook, chapter 19, p.500-532
Read

Nhi, C. T., & Tuan, D. A. (2016). Lý thuyết Tài chính - Tiền tệ. Hanoi: Publishing House of the
National Economics University, chapter 15

Read carefully lecture note provided

Problems and discussion
Week 14
Chapter 7: Inflation and money
CLO 1.1
CLO 3.3
Textbook, chapter 19, p.534-550
Read

Nhi, C. T., & Tuan, D. A. (2016). Lý thuyết Tài chính - Tiền tệ. Hanoi: Publishing House of the
National Economics University, chapter 14

Read carefully lecture note provided

Problems and discussion

8.2. Practical hours

Projects Assessment
Class Topics CLO
methods

7
 [1] [2] [3] [4] [5]
Reading case: Bitcoin and the
Demand for Money: Is Bitcoin
More Than Just a Speculative
CLO 1.1 Asset? Case study
Week 2 Chapter 1
CLO 2.1 (http:// discussion
www.fmaconferences.org/
NewOrleans/Papers/
BTC_writeup_20181025.pdf)
CLO 1.1 The model of central bank in
Case study
Week 4 Chapter 2 CLO 2.3 the US and Vietnam
discussion
CLO 3.2

MONEY SUPPLY
VOLATILITY AND THE
MACROECONOMY
CLO 1.1 https://www.cambridge.org/
core/journals/macroeconomic- Case study
Week 6 Chapter 3 CLO 2.2
dynamics/article/money- discussion
CLO 3.3 supply-volatility-and-the-
macroeconomy/
5DEE3711126640024DAEDF3
F16EB0B8A

Relationship of monetary
CLO 1.1 Case study
Week 8 Chapter 4 policy and fiscal policy in
CLO 2.4 discussion
Vietnam

Reading: Foreign exchange

operations

Week CLO 1.1 (https:// Case study

Chapter 5 www.newyorkfed.org/markets/
10 CLO 3.1 discussion
international-market-
operations/foreign-exchange-
operations)

Reading: The Dollar and

Week CLO 1.1 Case study
Chapter 5 (cont.) Interest rates, 1973 – 2005
12 CLO 3.1 discussion
(Textbook, page 492)

Discussion: A detailed
Week CLO 1.1 discussion of the history, Topic
Chapter 6
13 CLO 2.4 purpose, and function of discussion
currency boards

8
 Reading: inflation targeting: a
new framework for monetary
policy
Week Case study
Chapter 7 CLO1.1 https://
15 discussion
www0.gsb.columbia.edu/
faculty/fmishkin/PDFpapers/
w5893.pdf

9. OTHER REQUIREMENTS
9.1 Class attendance
- Students are required to attend all classes. In case of absence, rational evidences are
needed.
9.2 Class rules
- Course are based on respecting lecturer and students. All wilful actions that affect the
class are forbidden.
- Arrive on time and be seated and ready to begin when the class begins. If you do arrive
late for more than 10 minutes, you will not be counted for that class. Note that this class is
intended for registered students only.
- Do not make noise and do other works during class.
- Food, chewing gums are not allowed in class. Electronic devices, such as mobiles and
music players, are also not allowed.
- Laptops, tablets are only accepted for taking note and calculating, other purposes are not
allowed.

10. DATED: ……………………..

CENTER FOR ADVANCED FACULTY HEAD OF

EDUCATIONAL PROGRAMS DEPARTMENT