EC 201 - Money and Banking
Credit Hours: 3
Monetary theory and policy is combined with a study of the functions and operations of commercial and central banks. The approach is analytical, descriptive and historical.
Fulfills SUNY General Education -- Social Sciences.
On completion of this course students will be able to:
- demonstrate an understanding of the role of money and banks in the broader economy;
- analyze the importance of financial markets, financial institutions, central banking, and monetary theory;
- describe the effects of monetary policy on interest rates; and
- understand how central banks manage an economy's money in concert with the banking system.
Prerequisites: EC 102
F (C, N, S)