ECON 3600 PBC
ECON 3600—Money and Banking
Three Semester Hours
University Requisite: ECON 1040—Principles of Macroeconomics
Role of money and banking system in determination of national income and output.
Methods of Course Instruction
All material for this course is print-based. Instructor and students communicate and exchange materials through postal mail.
In this course, an option exists to use e-mail to submit your lesson assignments. Your assignment will be returned to you either as an e-mail attachment or as a hard copy sent through the postal mail, depending on the preferences of the instructor and/or program.
Textbooks and Supplies
Mishkin, Fredric S. The Economics of Money, Banking & Financial Markets. 10th ed. (customized version). Pearson Education Inc., 2012. [ISBN: 9781256608981]
Number of Lessons
The course has 12 lessons, including a midcourse examination and a final examination. These lessons include:
- Lesson 1: The Evolution of Money to Digital Impacts in Banking
- Lesson 2: The Financial Sector: Instruments and Markets
- Lesson 3: Interest Rates: Understanding and Behavior
- Lesson 4: Financial Crisis: What are They and How Might They be Explained
- Lesson 5: Banking and the Management of Financial Institutions
- Lesson 6: Midcourse Examination
- Lesson 7: Financial Regulation and Competitive Structure of the Banking Industry
- Lesson 8: Central Banks, The Fed, and the Money Supply Process
- Lesson 9: Monetary Policy: Tools, Strategy, and Tactics
- Lesson 10: Aggregate Demand and Supply Analysis
- Lesson 11: Monetary Policy Theory
- Lesson 12: Final Examination
Types of Writing Assignments
Each lesson in this course will usually cover two chapters of the textbook. The assignments consist of four–five short-essays and ten multiple-choice questions covering the reading.
Lesson assignments are mandatory and will be calculated as part of your course grade. Your course grade will be determined in the following way:
- Lesson Assignments — 20%
- Midcourse Exam — 40%
- Final Exam — 40%
- Total — 100%