Money and Banking

ECONOMICS (FINANCE)-303-001 & 3: MONEY AND BANKING

Section 1 Section 3

Semester: Fall 2013 Fall 2013

Meeting Time: T-Th 11:00-12:15 T-Th 1:00-2:15 PM

Meeting Place: Lamar Room 129 Lamar Room 129

Final Exam Date/Time: Dec 10th, NOON Dec 12nd, NOON

Professor: Nilufer OZDEMIR

Office: Holman 367

Office Hours: T-Th 10:00-11:00 and by appointment.

Phone: 915 5924

E-mail: nozdemir@olemiss.edu

Prerequisites: C minimum in ECON-203

Text: The textbook for this course is Mishkin. Frederic S. The Economics of Money, Banking and Financial Markets. 9th Ed. Update, Addison Wesley.

COURSE DESCRIPTION: This class will explore the nature and functions of money and banking; relation of money and credit to the Federal Reserve System, and economic goals. During the course of the semester, economic tools and concepts will be developed to help students organize their thinking about financial markets, and about the role of key financial market participants.

LEARNING OBJECTIVES/OUTCOMES: After completing this course a student should know

* what the functions of money are,

* how interest rates are determined,

* how riskiness and maturity affect interest rates,

* what objectives central banks pursue and what type of instruments they use to reach their targets,

* how financial markets work in general and what happens when they do not work properly,

* what the targets of financial regulation are,

* what the general principles of bank management are

ATTENDANCE: Attendance WILL be taken on random days. You are allowed to miss one class. If you miss more than one class, you will lose THREE points of your final exam grade for EACH absence. In the case of absence, please call on your classmates for notes. If you come to class, you need to participate in the lectures and show respect for others by not disturbing anyone.

EXAMS AND GRADING: Your grade will be based on two midterm exams, and a...