Course Listing

Law of Money and Central Banking
Last Updated Date:   14 November 2023


5 Units,  Semester 1

Course Description:
This course provides a detailed understanding of the role of central banks, their monetary policy operations, and the legal frameworks that draw limits on their activities. It focuses on the roles that central banks play as guardians of monetary and financial stability and discusses current developments. In its second part, the course analyses the concept of money, the changes to the understanding of money over time, and the current surge of cryptocurrencies and stablecoins as well as the concept of central bank digital currency.

Course Convenor: A/P Christian Hofmann

Co-teacher(s): NA

Course Codes: LL4494V / LL5494V / LL6494V / LLJ5494V

Contact Hours: 3 hour weekly seminars

Workload: 3 hours

Mode of Assessment: Class Participation – 10%; Class Presentation - 20% ( in small groups) & 6-Hr Take Home Exam - 70% [Release: Fri, 24 Nov 2023 (9am); Due: Fri, 24 Nov 2023 (3pm)]

Preclusions: Nil

Prerequisites: NUS Compulsory Core Law Curriculum or common law equivalent.

Examination Date: Different Mode of Examination

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