ECON 420 Money, Banking and Financial Institutions
This course is designed for business and economics students interested in acquiring a broader view of the financial system and its markets. The material is divided into three sections: historical, theoretical and institutional. The historical section covers the evolution of money, money creation, inflation, the economy, and the development of banking. The theoretical part covers methods to trace the impact of money on the economy including classical, Keynesian, monetarist and rational expectation approaches. The institutional portion deals with financial intermediaries and financial instruments.
Prerequisites
4 Undergraduate credits
Effective August 1, 1998 to present
Meets graduation requirements for
Learning outcomes
General
- Explore the impacts that the stock of money and the conduct of government policy have on financial markets, interest rates, inflation, and business cycles.
- Evaluate the role and performance of central banks & the Federal Reserve.
- Examine the economic consequences of the national debt and budget deficits.
- Understand how capital markets function.
- Understand the causes and impacts of inflation.
- Understand the role of money and factors influencing the money supply.
Summer 2024
| Section | Title | Instructor | books | eservices |
|---|---|---|---|---|
| 50 | Money, Banking and Financial Institutions | Le, Thanh T | Books for ECON-420-50 Summer 2024 | Course details for ECON-420-50 Summer 2024 |
Fall 2024
| Section | Title | Instructor | books | eservices |
|---|---|---|---|---|
| 50 | Money, Banking and Financial Institutions | Lo, Ming Chien | Books for ECON-420-50 Fall 2024 | Course details for ECON-420-50 Fall 2024 |
Spring 2025
| Section | Title | Instructor | books | eservices |
|---|---|---|---|---|
| 50 | Money, Banking and Financial Institutions | Lo, Ming Chien | Books for ECON-420-50 Spring 2025 | Course details for ECON-420-50 Spring 2025 |