Money plays a vital role in the economy. Financial innovations by banks can affect the money supply and thus economic growth. Students learn the central bank?s role in ensuring a stable money supply in the economy, how and why the money supply may change, how banks operate, and how consumers, firms, and foreign exchanges are affected. Falls and Springs. Prerequisite(s): EC 2550 and EC 2560.
*All course information is from the 2014-2015 Catalog.