Money, Banking and Financial Systems

3 credits · Undergraduate

(3 hrs Lecture) This course discusses the the role of money, banking, financial markets and financial institutions in a market economy. It covers the pricing of different securities, the efficient market hypothesis, the roles of financial intermediaries, as well as financial crises. This is followed by an analysis of money supply process and the conduct of monetary policy within the framework of the Canadian financial system. The international financial system is also discussed. Restrictions: Students may not hold credit for this course and ECON-2301 | ECON-2302. Requisite Courses: A grade of C in ECON-1102 and ECON-1103, or in ECON-1104 or ECON-1106 [prerequisite(s)].