Designed to provide students with a working knowledge of the roles of commercial and central banks in the U.S. economy. Topics of special interest include: monetary policies, including interaction effects with fiscal policy, and influences on the "real" sector of the economy; analysis of the role of monetary factors in our recent inflation-prone economy; the significance to the domestic economy of international financial developments such as the "declining dollar." Falls and Springs. Prerequisite(s): EC 2550 and EC 2560.
*All course information is from the 2013-2014 Catalog.