Accountancy
 

Money, the Financial System, and the Economy

Money, the Financial System, and the Economy
Applications of industry analysis and microeconomic principles in the macroeconomic environment that influences individuals and financial intermediaries that transact in money and credit markets.
ACC
453
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
 PrerequisitesNone
 Taught 
Course Outcomes: 

Understanding Banking Concepts

Understand interest rates, rate determination and discounted present value.

Stocks and U.S. Treasuries

Understand differential spot, forward & derivatives, futures and options markets, with specific application to stocks and US Treasuries.

Financial Intermediaries

Understand the function and management of financial intermediaries.

Aggregate Economics

Understand basic aggregate economics: actual and potential supply and actual demand and their implication for growth, employment and inflation.

Trade and Exchange Rates

Understand trade and exchange rates.