ECON 3354 Money and Banking 3.0 Credits
This is a course about the role of money and financial intermediation in modern economies. The course is organized around three key questions. 1. What is money and why is it necessary? 2. What is the role of banks in the transmission of monetary policy? 3. How do central banks conduct monetary policy and what types of policies should the Federal Reserve and other government agencies follow to prevent financial crises? This course will strike a balance between theoretical models (e.g. models of financial intermediation, interest rate determination, conduct of monetary policy) and data analysis (e.g. trend vs business cycle fluctuations, boom-bust cycles, etc.) As an elective, it provides additional depth for interested students.
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and (ECON 301 [Min Grade: C] or ECON 248 [Min Grade: C] or MATH 121 [Min Grade: C]) or ECON 1201 [Min Grade: C] and ECON 1202 [Min Grade: C] and (ECON 2301 [Min Grade: C] or ECON 2248 [Min Grade: C] or MATH 1201 [Min Grade: C])