ECON241

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ECON241

Money in the Economy ECON241 SP

Next Offered in 9899 SP

This course explores a number of important topics concerning the roles which money and the financial system play in the economy. We shall examine the functions of financial institutions, such as banks or insurance companies, and the working of financial markets, which are markets for selling and buying bonds, stocks, or foreign exchange. Also, we will consider the activities of the Federal Reserve, both as of "lender of a last resort" and "designer" of monetary policies. We shall discuss the strengths and weaknesses of existing financial systems in the United States and other industrial and developing countries, and try to evaluate some lessons the emerging democracies across Eastern Europe and the former Soviet Union can learn when building and designing their own financial systems.

MAJOR READINGS

To be announced.

EXAMINATIONS AND ASSIGNMENTS

To be announced.

ADDITIONAL REQUIREMENTS and/or COMMENTS

Unless preregistered students attend the first class meeting or communicate directly with the instructor prior to the first class, they will be dropped from the class list. NOTE: Students must still submit a completed Drop/Add form to the Registrar's Office.

COURSE FORMAT: Lecture

REGISTRATION INFORMATION

Level: UG Credit: 1.00

Prerequisites: ECON111 and ECON112 or ECON105

Last Updated on MAR-03-1998

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