ECON-201 Money and Banking
Money and Banking provides an analysis of our monetary and banking systems and their relationships to the United States economy. Topics include the origin and nature of money, the development and functions of commercial banking and other financial industries, the Federal Reserve System, and the relationship between fiscal and monetary policies in our economy.
Hours Weekly
3 hours weekly
Course Objectives
- 1. Describe the relationship between money, the financial system, and our economy.
- 2. Describe interest rates and how they are determined.
- 3. Explain how adverse selection and moral hazard influence banking decisions.
- 4. Discuss principles of asset and liability management.
- 5. Describe the organization of our and foreign banking industries.
- 6. Evaluate the causes which led up to recent financial crises.
- 7. Discuss recent innovations in banking.
- 8. Analyze the money supply and the money supply process.
- 9. Describe the structure of the Federal Reserve System and the tools of monetary policy.
- 10. Evaluate foreign exchange rates and aspects of the international financial system.
Course Objectives
- 1. Describe the relationship between money, the financial system, and our economy.
- 2. Describe interest rates and how they are determined.
- 3. Explain how adverse selection and moral hazard influence banking decisions.
- 4. Discuss principles of asset and liability management.
- 5. Describe the organization of our and foreign banking industries.
- 6. Evaluate the causes which led up to recent financial crises.
- 7. Discuss recent innovations in banking.
- 8. Analyze the money supply and the money supply process.
- 9. Describe the structure of the Federal Reserve System and the tools of monetary policy.
- 10. Evaluate foreign exchange rates and aspects of the international financial system.