FIN 3244 Money and Capital Markets
This course provides the student with a comprehensive examination of macroeconomic policies, with particular emphasis on monetary policy and its role in maintaining sustainable economic growth and stable prices. Special attention is devoted to the important role of money and capital markets in transmitting monetary policy and in business fixed capital formation. Also analyzed will be factors influencing interest rates, the yield curve and real versus nominal interest rates. There will examine asset price bubbles and financial crises and how central banks should respond in order to maintain orderly financial markets and minimize the impact of these events on spending and output. The course also creates an awareness of the importance of private savings-funded capital investment required to boost productivity growth, thereby achieving an improving standard of living for all. (3 hrs. Lect.)
Prerequisite
All lower-level coursework
Distribution
BUS