Economics
Economics deals with the production and distribution of goods and services in a society. It investigates the problem of how to allocate the scarce resources among the unlimited human wants. Economics is a science of decision making—a study of choice.
Money and Banking
(ECO-925)
383-925-MS (3-0-3) 2 credits
Prerequisite: ECO-920
The primary objective of this course is to introduce a field known as monetary economics to the student who has already become acquainted with the introductory principles of economics. It is hoped that this course will further broaden and enrich the student's understanding of economic principles and theory.
Topics to be covered include: the origin, evolution, and functions of money, the structure, organization, and functions of commercial banks; the central bank and monetary control; financial markets and nonbank financial institutions; monetary theory and policy; money and the international economy.
