ACC 453

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Money, the Financial System, and the Economy

Accountancy Marriott School of Business

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.