FSMA 7103 - Money & Banking, 3 Credits
Prerequisite(s): ECON 1013 with D or better and ECON 2023 with D or better
This course is an exploration of the role and importance of money in effective monetary policy as a solution for inflation and unemployment. The operation, function, and structure of the banking system and the functions of the central banking system will be the focus. The role of monetary theories, money management, and monetary policy will also be studied. The theoretical foundations of commercial and central banking will be discussed within the context of general economic activity.