ECON 331 - Money, Banking, and the Economy

Units: 3

Discussion of the Federal Reserve System, money supply, and money demand. Analysis of money’s effects on the price level, interest rates, employment, output, and exchange rates is analyzed. Examines how money evolved out of a barter economy. Banking and financial institutions are examined, with emphasis on innovations in financial markets.
Prerequisite(s): MATH 132 or MATH 160 , ECON 201 and ECON 202 .