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BFN* E211  - Money & Banking (Fall only)
(Previously: BU 227, ECN*E250)

Credits: 3 Elective Code: B

Prerequisite: BFN* E201 or ECN* E101, either course with a grade of "C" or higher; or permission of instructor

A study of the key concepts, theories and interrelationships that link money and banking to the U.S. economy. The topics covered will include the principles of money and credit, basic banking regulations, determination of interest rates and foreign exchange rates, monetary policy, and the mission and tools of the Federal Reserve System. The structure and characteristics of financial markets are also covered. Substantial lab time will be required in the computer lab. The textbook and an on-line supplemental access code (bundle) are required.