Money and Banking - FI 413
The purpose of this course is to cover essential elements in Money and Banking.
Students will have an opportunity to investigate the link between lending activity,
money creation and inflation. Topics include the definition of money, its creation and measurement,
an overview of the financial markets, the organization of the banking industry and
the role of the central bank (Federal Reserve in particular).
The aims and conducts of monetary policy will also be studied
An overview of the financial system
What is money?
Financial markets, understanding interest rates
The banking industry
The central bank and the Federal Reserve System
Money Supply Process
The determinants of the money supply
The tools of monetary policy
The conduct of monetary policy
Aggregate Demand and Supply Analysis
Money and Inflation
The Economics of Money & Banking & Financial Markets, 6 th ed, Mishkin