FIN-316 FINANCIAL MARKETS & INSTITUTIONS
An examination of the nature and functions of money, financial institutions within the larger economic system and central banks. Course emphasizes the role of financial instruments, financial markets and financial institutions as well as the functioning of the Federal Reserve System by examining monetary policy and its roots in macroeconomic and monetary theory. Special focus is on structure and evolution of the banking industry, depository institutions and regulation of financial intermediaries within the context of the global financial system and international monetary system. Prerequisite: ECO 201, ECO 202. Co-requisite FIN 319.