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FIN 453

Money, Banking, and Business

Finance Marriott School of Business

Course Description

Economic analysis of effects of money, banking, and financial institutions on business decisions and aggregate economic activity.

When Taught

Fall and Winter

Grade Rule

Grade Rule 8: A, B, C, D, E, I (Standard grade rule)

Min

3

Fixed

3

Fixed

3

Fixed

0

Other Prerequisites

Major status.

Note

Also offered by BYU Independent Study; enroll anytime throughout year; one year to complete; additional tuition required; register at is.byu.edu.

Title

Financial Intermediaries

Learning Outcome

Understand the function and management of financial  intermediaries.

Title

Trade and Exchange Rates

Learning Outcome

Understand trade and exchange rates.

Title

Stocks and US Treasuries

Learning Outcome

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

Title

Understanding Banking Concepts

Learning Outcome

Understand interest rates, rate determination and discounted present value.

Title

Aggregate Economics

Learning Outcome

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