Money, Banking, and Business

Money, Banking, and Business
Economic analysis of effects of money, banking, and financial institutions on business decisions and aggregate economic activity.
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
 PrerequisitesMajor status.
 ProgramsContaining FIN 453
Course Outcomes

Understanding Banking Concepts

Understand interest rates, rate determination and discounted present value.

Stocks and US Treasuries

Understand differential spot, forward & derivatives, futures and options markets, with specific application to stocks and US Treasuries.

Financial Intermediaries

Understand the function and management of financial intermediaries.

Aggregate Economics

Understand basic aggregate economics: actual and potential supply and actual demand and their implication for growth, employment and inflation.

Trade and Exchange Rates

Understand trade and exchange rates.