FINANCIAL MARKETS AND INSTITUTIONS

Catalog description

Survey of the workings of financial markets and institutions with a focus on the characteristics of financial instruments such as money market securities, debt securities, and equity securities. The class also examines the risks and regulations of the banking industry and other financial intermediaries (focusing on bank management), the determinants and the structure of interest rates, as well as the Federal Reserve's Monetary Policy in response to economic cycles and inflation. PREREQ: FNBSLW 344 AND ((COBE MAJOR: 2.50 CUMULATIVE GPA) OR (NON-COBE MAJOR/MINOR/COBE MINOR: 60 CREDITS AND 2.00 CUMULATIVE GPA))