Course unit title

The Central Bank 

Course unit code

EKM301

Type of course unit (compulsory, optional)

Optional

Level of course units (according to

EQF: first cycle Bachelor, second cycle Master)

First cycle Bachelor

Year of study when the course unit is delivered

(if applicable)

Year 3

Semester/trimester when the course unit is delivered

6th semester

Number of ECTS credits allocated

3 credits (4.8 ECTS)

Name of lecturer(s)

Rudi Purwono, Dr.

Wasiaturrahma, Dr., SE., MSi.,

Sochrul Rohmatul Ajijah, SE., MA.,

Guest Lecturer from The Bank Indonesia

Learning outcomes of the course unit

Students are able to explain the role of central banks and financial services authorities in the economy, and the differences in practice in various countries

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

Monetary Economics

Course content

The subject of Central Bank and Financial Services Authority discusses the conceptual framework and operations of the central bank, especially Bank Indonesia (BI) and the Financial Services Authority. This course will teach the functions of the central bank, especially BI and its history, the main tasks of Bank Indonesia, banking policies, supervision and the concept of soundness of Indonesian banking. In addition, other materials will also be provided in the form of the payment system in Indonesia, monetary policy from Bank Indonesia, as well as a selective capita collection, regarding centrality.

Recommended or required

reading and other learning resources/tools

Dow, JCR and ID Saville, 1990, a Critique of Monetary Policy, Oxford University Press

Goodhart, CAE, 1989, Money, Information and Uncertainty, Mcmillan Education Ltd

Mishkin, FS, 2003, The Economics of Money and Banking and Financial Markets, 8th ed. Edward Egar Publishing Limited

Planned learning activities and teaching methods

Teaching, discussion, and problem based learning.

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Mid-exam, final-exam, and assignment