Money Banking & Financial Markets I

Three credits · Undergraduate

The course uses basic economic principles to organize students’ understanding of and thinking about money, the functions and structure of financial markets and financial institutions. Topics covered include: the necessity, the nature, and the future of money; the determinants of interest rates; the term structure of interest rates, the pricing of government securities; what banks do and how their operations affect the economy. Prerequisites: ECON 101, 102. Three credits.