Description
The Money and Banking course is ACE recommended for college credit transfer!
The Money and Banking course teaches the role of money, credit, and financial institutions in the U.S. economy. Topics include commercial banks, thrifts, credit unions, the Federal Reserve system, credit markets, and monetary theory and policy.; It emphasizes the effects of structural change, globalization, financial innovation, and technology on the financial environment.;
Textbook chapter topics include:
An Introduction to Money and the Financial SystemMoney and the Payment SystemFinancial Instruments, Financial Markets, and Financial InstitutionsUnderstanding RiskBonds, Bond Prices, and the Determination of Interest RatesThe Risk and Term Structure of Interest RatesStocks, Stock Markets, and Market EfficiencyDerivates: Futures, Options, and SwampsForeign ExchangeThe Economics of Financial IntermediationDepository Institutions: Banks and Bank ManagementFinancial Industry StructureCentral Banks in the World TodayThe Trust of Central Banks: The Federal Reserve and the European Central BankThe Central Bank Balance Sheet and the Money Supply ProcessMonetary Policy: Using Interest Rates to Stabilize the Domestic EconomyExchange-Rate Policy and the Central BankMoney Growth, Money Demand, and Modern Monetary PolicyOutput, Inflation, and Monetary PolicyUnderstanding Business cycle FluctuationsModern Monetary Policy and the Challenges Facing Central Bankers
