ACC 453
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Money, the Financial System, and the Economy
Course Description
Applications of industry analysis and microeconomic principles in the macroeconomic environment that influences individuals and financial intermediaries that transact in money and credit markets.
When Taught
Winter
Min
3
Fixed/Max
3
Fixed
3
Fixed
0
Title
Financial Intermediaries
Learning Outcome
Understand the function and management of financial intermediaries.
Title
Understanding Banking Concepts
Learning Outcome
Understand interest rates, rate determination and discounted present value.
Title
Stocks and U.S. Treasuries
Learning Outcome
Understand differential spot, forward & derivatives, futures and options markets, with specific application to stocks and US Treasuries.
Title
Aggregate Economics
Learning Outcome
Understand basic aggregate economics: actual and potential supply and actual demand and their implication for growth, employment and inflation.
Title
Trade and Exchange Rates
Learning Outcome
Understand trade and exchange rates.