Undergraduate Catalog 2007-2008
UDM Academic PoliciesCourse DescriptionsList of All ProgramsFaculty


ECN 305 Money and the Financial System
Credit HoursRecitation/Lecture HoursStudio HoursClinical HoursLab Hours

Prerequisites:
ECN 295
ECN 296



Introduction to international financial system, balance of payments, exchange rates and external currency markets. Course topics include: the nature and economic role of money and credit, financial intermediation and its control by monetary authority, financial markets, institutions and instruments, interest rate theory, level and term structure, yield curve strategies, control of monetary aggregates and their relationship to employment and prices, and controversies in monetary policy.
30000

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