EC 401 - Money and Financial Institutions

3 Credit(s)

Students analyze the effects of credit and money flows on aggregate economic activity: e.g., roles of financial intermediaries and central banking; sources and uses of funds (flow of funds analysis and accounts); term structure of interest rates; portfolio choice and macroeconomic behavior; alternative monetary theories; and the role of money in inflationary process. This course is offered only in the spring semester. This course is cross listed with FIN 401. Students may not receive credit for both.
Prerequisite(s): EC 101 and EC 202 or equivalents.