Money, Banking, and Capital Markets
- 3 credits
- Prerequisite: (ECON- E 201or ECON-S 201) and (ECON-E 202 or ECON-S 202) with grades of C or better
An analysis of the interrelated financial systems of central banks, private banks, and other sources and users of financial capital. Theoretical and empirical policy and institutional issues are analyzed using economics and finance methodologies. Topics include the theory of money supply and demand, monetary policy and central banks, interest rate determination, inflation, financial intermediaries, and international financial markets.