||This course is an In-depth study of the role and function of money, the Federal Reserve System and the United States banking system. Specific subjects to be covered will include monetary standards, financial instruments, monetary theory, capital and money markets, rationale for interest rates, fiscal and monetary policy, inflation, sources and uses of credit, and the role of financial institutions.
- Describe how financial intermediation and financial innovation affect banking and the economy.
- Explain the roles, structure and evolution of banks and other financial intermediaries.
- Identify the basic links among monetary policy, the business cycle and economic variables.
- Explain the operation of the Federal Reserve System and how it regulates the money supply.
- Identify the implications, risks and opportunities of skills needed within global markets.
- Demonstrate analytical and problem solving skills within money, banking and financial market disciplines.
- Describe the structure of financial markets, the factors that shape them and how they are regulated.
- Explain the nature and functions of money.
- Identify and explain financial markets and the role they play in the economy.
- Explain the concept "time value of money."
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