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ECON 341

Money and Banking

3 units

Winter 2026

Topics

  • An overview of the financial system
  • What is money?
  • The meaning of interest rates
  • The behaviour of interest rates
  • The risk and term structure of interest rates
  • The stock market, the theory of rational expectations, and efficient market hypothesis
  • Evaluate the determinants of interest rates and analyze their behavior and structural patterns

Readings

  • The Economics of Money, Banking, and Financial Markets; by Mishkin F. & Serletis A., 8th Canadian Edition, 2023
    unspecified
Winter 2025

Topics

  • An overview of the financial system
  • What is money?
  • The meaning of interest rates
  • The behaviour of interest rates
  • The risk and term structure of interest rates
  • The stock market, the theory of rational expectations, and efficient market hypothesis
  • Evaluate the determinants of interest rates and analyze their behavior and structural patterns

Readings

  • The economics of Money, Banking, and Financial Markets; by Mishkin F. & Serletis A., 8th Canadian Edition, 2023
    unspecified
Sources