FI 0296 - Money and Banking

Institution:

Labette Community College

Subject:

Description:

Prerequisite: FI 0540 AIB: Principles of Banking, EC 2241 Microeconomics, and EC 2242 Macroeconomics Money and Banking is a course designed to provide the student with a broad-based knowledge of the inner workings of the U.S. Banking system. The course is the study of the way in which money is created in a modern 21st century economy. It is the story of how the banking system "creates" money with theassistance of and under the influence of any nation's Central Bank, in the United States, The Federal Reserve System. The course discusses the tools of Monetary Policy available to the central bank. The role of the public and its government play in the process of the creation and circulation or flow of money is also an integral part of the course. Finally, the role of financial intermediaries and their history and the role of the financial markets is surveyed.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.labette.edu

Phone Number:

(620) 421-6700

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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