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Money, Banking, & Financial Markets
MONEY & BANKNG
CLASS CODE: ECON 453 CREDITS:  3
DIVISION: BUSINESS & COMMUNICATION
DEPARTMENT: ECONOMICS
GENERAL EDUCATION: This course does not fulfill a General Education requirement.

CATALOG DESCRIPTION: Money, Banking, and Financial Markets examines money and banking issues from an economics perspective. This course is composed of three general sections. First, it considers how individual consumers and investors make decisions based on what they expect will give them the highest level of satisfaction (in the financial world this is known as maximizing returns). Second, the course examines the nature and behavior of financial institutions (banks, credit unions, etc.) to see how they try to maximize profits while considering potential costs as well as government regulations. Finally, the course analyzes various theories of monetary economic policy and their implications for financial markets, and the economy.
DESCRIPTION: Money, Banking, and Financial Markets examines money and banking issues from an economics perspective. This course is composed of three general sections. First, it considers how individual consumers and investors make decisions based on what they expect will give them the highest level of satisfaction (in the financial world this is known as maximizing returns). Second, the course examines the nature and behavior of financial institutions (banks, credit unions, etc.) to see how they try to maximize profits while considering potential costs as well as government regulations. Finally, the course analyzes various theories of monetary economic policy and their implications for financial markets, and the economy.
TOPICS:
OBJECTIVES:
REQUIREMENTS:
PREREQUISITES: Economics 111, 112
Math 221
OTHER:
EFFECTIVE DATE: August 2001