Course Description: A study of the macrofinancial environment with emphasis on the structure, functions, and economic role of financial institutions and markets. This includes the role of commercial banks, the central banking system and international finance. Pre-requisite: EC301. 3:0:3
Educational Philosophy: The facilitator's educational philosophy is one of interactiveness based on lectures, readings, dialogues, examinations, web sites and writings. The facilitator will engage each learner in what is referred to as disputatious learning to encourage the lively exploration of ideas, issues and contradictions.
Learning Outcomes:1. To enable students to analyze components of the financial system (both domestic and international).
2. To acquaint students with all major types of financial instruments.
3. To enable students to understand how security prices and interest rates are determined.
4. To enable students to better understand public policy issues in the financial markets area.
Course Assessment: Combination of Lecture and Discussion, with particular emphasis on current economic events from newspapers, magazines, etc. Power Point presentation to guide lecture.
Each student will be required to provide a written report and an in-class presentation of a current financial article.
Each student will develop, track, and do a written analysis of an investment portfolio.
Grading: Grades will be based on exam results, article and presentation, and class participation. There will be at least two, possibly more, exams during the semester, with equal weights. Final grades will be subjectively influenced by student preparation & participation.
The grade structure is:
Examinations . . . . . . 65%
Article. . . . . . . . . . . . 15%
Portfolio analysis . . . 15%
Class Participation. . . . . . . . 10%
Grades will be assigned as follows:
A = 90 - 100
B = 80 - <90
C = 70 - <80
D = 60 - <70
F = Anything else.
Grades may be subjectively evaluated upward, but never downward.
Course Topic/Dates/Assignments: Week 1, Tues. Chapters 1 and 2. Discussion of portfolio setup.
Week 1. Thur. Chap. 3. Discussion of Part one.
Week 2, Tues. Chap. 4 Discussion of current Federal Reserve decisions and motives.
Week 2. Thur. Chap.5 discussion of monetary policy
Week 3, Tues. Chap. 6 & 7.
Week 3. Thur. Chap. 8 & 9.
Week 4, Tues. Discussion. The role of debt securities in the national economy. Exam., Chapters 1-9.
Week 4. Thur. Chap. 10 -
Week 5, Tues. Chap. 11 -
Week 5. Thur. Chap. 12 - Discussion of student portfolio results.
Week 6, Tues. Chap. 17 -
Week 6. Thur. Chap. 18
Week 7, Tues. Chap. 19-20
Week 7. Thur. Chap. 21
Week 8, Tues. Chap. 22
Week 8. Thur. Chap. 23
Week 9, Tues. Exam, Chap. 10-12, 17-23
Week 9. Thur. Portfolio presentations and analysis
Plagiarism:Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. <a href="http://www.park.edu/catalog">
Park University 2004-2005 Undergraduate Catalog</a> Page 101
Instructors are required to maintain attendance records and to report absences
via the online attendance reporting system.
Park University 2004-2005 Undergraduate
Catalog Page 100
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Park University is committed to meeting the needs of all learners that meet the criteria for special assistance. These guidelines are designed to supply directions to learners concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the American with Disabilities Act of 1990, regarding learners with disabilities and, to the extent of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page:
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