This is an intermediate-level course on the principles of money and banking. It does not require ECN 4010 or 4020 as a prerequisite, but economics majors cannot count it as a credit-earning major elective. (Majors should consider ECN 4100 instead.) Part I of the course examines the nature and historical development of monetary and banking institutions. Part II looks at the determinants of the supply of and demand for money, introduces the concept of "monetary equilibrium," and then considers the effects of monetary disturbances on commodity prices, interest rates, and real output. Part III, finally, deals with questions of monetary policy, including various schemes for reforming existing banking and currency arrangements.

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- Syllabus
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- Banking
- Private Coinage in America