Document Type

Syllabus

Publication Date

Spring 2024

Course Description

Structure, operations and policies of major monetary and banking institutions, including commercial banks, the treasury, the Federal Reserve System and other agencies involved in money creation, monetary policy and international monetary relations. The course also stresses the theory of monetary policy and the relationship between money and economic activity. Prerequisite: ECON 295.

Student Outcomes

After completing this course, students will be able to…

  • Interpret news about monetary policy using economic models and reasoning.
  • Discuss the role of banks in the money supply process.
  • Interpret the incentives faced by bank managers, and discuss how this shapes the structure of financial institutions.

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