Money, the Financial System, and the Economy
|Hours||3.0 Credit, 3.0 Lecture, 0.0 Lab|
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.
Understand the function and management of financial intermediaries.
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.