2019-2020 Undergraduate Academic Catalogue 
    Dec 09, 2022  
2019-2020 Undergraduate Academic Catalogue [ARCHIVED CATALOG]

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EC 430 - Monetary Economics

(3.00 cr.)

Examines micro- and macroeconomic monetary issues, problems, and theory. Students learn to predict the effect of monetary events on financial markets and the real economy. Topics include functions and measures of money; interest rates, present value, and yield; capital asset pricing model; diversification; risk and term structure of interest rates; financial intermediaries; creation and determination of the money supply; the Federal Reserve System; tools, goals, and targets of monetary policy; demand for money; money and real GDP; transmissions mechanisms.

Prerequisite: EC 103 .
Recommended Prerequisite: EC 301 .
Sessions Typically Offered: Fall
Years Typically Offered: Annually

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