ECN 360 - Money and Banking

1 semester,3 Credits

This course studies interest rates, exchange rates, the supply of money, the management of financial intermediaries, and the role of the central bank in achieving price stability. Emphasis is placed on money creation, financial innovation, and banking regulation. Federal Reserve tools and policies are studied within a framework of contemporary macroeconomic theory, including international trade and payments.Prerequisite: ECN 202.

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ECN 360 - Money and Banking