2023-24 Undergraduate Catalog 
    
    Nov 27, 2024  
2023-24 Undergraduate Catalog [Archived Catalog]

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ECO 431 - Money and Banking

Money and economic activity: money and capital markets; monetary, income theory; central banking; elements of international finance; public policy issues. Prerequisite: ECO 300. Fulfills: LASR. (3 cr. hr.)
Frequency code C = offered at least once every two years

Student Learning Outcomes
Upon successful completion of this course, students will be able to:

  1. Explain the role and the benefits of financial intermediaries.
  2. Discuss the tools of monetary policy, in particular the nature, determination and role of interest rates.
  3. Explain the history and structure of the Federal Reserve Bank and compare it to other central banks.
  4. Delineate the types of financial assets available and discuss briefly the principles that guide their selection as part of a portfolio of assets.
  5. Articulate the issues related to other countries' monetary policy and financial markets.



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