Topics on the History of Money and Banking in the US

(3 Credit Hours) · Undergraduate

This course covers the development and evolution of the banking and monetary system in the United States from colonial times to modern day. This course not only covers relevant how the monetary system in the US functions today, but how it developed over time by covering important time periods and crises in the past that helped shaped the system today. These include the creation and liquidation of the First and Second Bank of the United States, the Free Banking Era, the post-Civil War dual banking system, bimetallism and the free silver movement, the major U.S. banking panics including the panic of 1907, the foundation of the Federal Reserve System, the Great Depression, and the Financial Crisis of 2007-08. This course is instructed in English.