ECO 305A Money, Banking and Financial Markets

3 Credit(s) DIII

A detailed description of the financial markets, instruments and institutions of the U.S. economy. Discussion of the Federal Reserve system and monetary policy formation and implementation. Essentials of the classical theory of money and modern theories of money and income. Emphasis on domestic and international debt and equity markets and foreign exchange. Three lecture hours per week. This course is offered on a periodic basis. Elective for Economics majors and minors. Not open to students who have taken ECO305. Prerequisites: ECO 201, ECO 202.