Economics of Money and the Banking Sector

Catalog description

Financial crises experienced around the globe illustrate the importance of the central bank and its role in addressing a country’s economic problems. This course builds students’ understanding of financial markets and institutions, and the critical role they play in the economy. Students investigate the interaction between monetary policy and the financial system and how this dynamic impacts businesses, households, and the economy overall. Key question might include: How is the financial system organized? How and why might financial systems be vulnerable? What is the best regulatory approach to promote stability in financial markets? How do central banks administer monetary policy to promote macroeconomic stability? Prerequisite(s): ECON 217 and ECON 218 . Corequisite(s): None