ECON 3200  - Money and Banking

Credits: (3)
Typically Taught Spring Semester: Full Sem
Description: This course presents a detailed description and economic analysis of the U.S. financial system which includes the banking industry, bond and stock markets, and the Federal Reserve system. This course serves as an extension to the material covered in an introductory macroeconomics course. The enhanced understanding of the workings of the financial system, including the determination of interest rates, will be used to trace out the channels of monetary policy as conducted by the Federal Reserve and the effect of monetary policy on financial markets, such as the stock market.
Pre-requisite(s): ECON 2010  and ECON 2020 , and earn a “C” or better in MATH 1050 , MATH 1080 , MATH 1090 , or MATH 1210  or; earn a “C” or better in any math course for which either MATH 1050 , MATH 1080 , or MATH 1090  is a prerequisite or; score 3 or higher on AP Calculus exam or; score 70 or higher on ACCUPLACER College Level Math (CLM) or; score of 26 or higher on Math ACT or; score of 65 or higher on ALEKS.