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Course Description

ECON 332: Money and Financial Institutions

3 credits
 

This course examines the influence of monetary policy on such variables as the nominal interest rate, level of income, inflation rate, foreign exchange rate, etc. Specific topics include bank portfolio management, interest rate risk, the yield curve, real versus nominal interest rates, financial intermediation, etc.  

 
Prerequisites: ECON 201, ECON 202 and MATH 110 or MATH 115
 
As part of the overall core curriculum of an economics major, students will understand the role of the international and national financial systems and its impact on the economy. This course is not designed to be writing intensive, but rather stresses enhancement of analytical and mathematical skills.
   
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