Examines the structure and function of the American banking system, the Federal Reserve System, and the function of monetary policy in the regulation of the national economy. Prerequisite: ECN 2025.

( ECN 2025 OR ECON 2025 )

1) Define money.
2) Articulate the importance of money.
3) Discuss the functions of money.
4) Explain the value of money.
5) Define credit.
6) Explain the creation of money.
7) Explore the role of value judgement in money & banking.
8) Identify the functions and purpose of central banking.
9) Apply the principles of financial systems.
10) Analyze money & capital markets.
11) Apply the monetary and income Theory.
12) Discuss public policy.

1. Required Materials


1. Textbooks

Economics of Money, Banking and Financial Markets - 8.Edition - 2007
Frederic Mishkin
Addison-Wesley
ISBN: 9780321451231



APA Manual
The APA Manual 5th Edition is a recommended textbook for all courses.
Effective August 1^st 2009, the 6th edition of the APA Manual is recommended for all courses.

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Please note that all required and recommended materials should be referenced in APA style.