FI363 Financial Institutions & Markets

for S2J 2007

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Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.


FI 363 Financial Institutions and Markets


S2J 2007 DN


Fritch, Jacque L.


BSB, Accounting  University of Kansas 1980
MBA,Finance  University of MO @ KC  2000


Web Page

Semester Dates

March 19, 2007 through May 13, 2007

Class Days


Class Time

5:30 - 9:50 PM

Credit Hours



Money & Capital Markets

Peter Rose & Milton Marquis  9th edition
Don't put off ordering the text.  We use it every week, beginning with week 1.  Missing homework due to lack of a book is no excuse-note that homework is a large portion of the total grade!

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information

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. PREREQUISITE: EC 301. 3:0:3

Educational Philosophy:
The facilitator's educational philosophy is one of involving the students in classroom time, based on prior reading and preparation for class from the textbook reading assignments and focused homework, and use of all current business news sources available, to make the textbook fundamentals more current and interesting.  Emphasis and encouragement is given to exploration of new ideas, issues and contradictions, and developing a skill set that enables the student to be employable at multiple levels.

Learning Outcomes:
  Core Learning Outcomes

  1. Discuss the money supply response to changes in key variables including the reserve ratio, the nonborrowed monetary base, the discount rate, the currency ratio, expected deposit outflows, and market interest rates.
  2. Compare the Classical and Neoclassical (Monetarist) views of money demand with the Keynesian view, focusing on the role of interest rates and the debate surrounding the velocity of money.
  3. Identify the tools, goals, and targets of monetary policy.
  4. Discuss the transmissions mechanisms of monetary policy.
  5. Discuss how asymmetric information, adverse selection, and moral hazard relate to banking regulation in the U.S. and abroad.
  6. Apply macroeconomic and monetary theory to a selected real world situation.

Core Assessment:

Class Assessment:

Students must read all assignments prior to class and attend all classes with the expectation to discuss the subject matter.  Students are expected to be reading business news daily, which will be a required part of homework and used for class participation.

Assigned homework deserves a good faith attempt and is turned in at the beginning of the class, with credit given for effort.  Homework not turned in on time cannot be made up.

One short presentation will be given by each student, and quizzes are given to keep the student caught up with the materials, along with a final quiz which will be somewhat comprehensive.


1 Quiz                                       20%

1 Final Quiz                               20%

Short (chapter) presentation     20%

Homework, current reading and class participation  40%

All final exams will be comprehensive and will be closed book and closed notes.  If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth.  Electronic Computers will not be allowed on final exams unless an exception is made by the Associate Dean.

Late Submission of Course Materials:
If you have to miss a quiz due to illness or job required travel, let me know BEFORE class(by phone or email) and we will set a time for makeup of the quiz at the testing center in Parkville.  If you do not notify me before class of the absence, your grade will be docked on the makeup quiz.

Classroom Rules of Conduct:
Turn off cell phones during class time.

Course Topic/Dates/Assignments:

See the below details of the chapters covered, and some other details.


The homework problems will be set out in class the week before they are due. The students will also be required as part of each week's homework to bring a current business article with their one 1 page summary of the facts and the issues in the article. Some followup class time will be spent with these articles. This part of homework represents half of the homework grade.

Student presentations on each chapter are done to enhance instructor's lecture and involve students.  Each chapter can be presented in 10-15 minutes, then instructor will follow up.


Class Activities



Meeting - 1,


Read chapter 1 &2


Meeting - 2,

Student presentations begin-chapter 3&4, each student picks a chapter and presents to class in their own choice of methods
homework(see above)

Read chapter 3&4


Meeting - 3,

Student presentations Ch 5&6

Read chapter 5&6


Meeting - 4,

Student presentations Ch 7&8

Read chapters 7&8

Practice Quiz in class time-go over in class and discuss

Meeting - 5,

Student presentations

Read chapters 10,11,12,13


Meeting - 6,

Student presentations

Ch 14,15,16,17


Meeting - 7,

Presentations finished

Chapter 21 & 22


Meeting - 8,


Do student survey!


Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2006-2007 Undergraduate Catalog Page 87-89

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. Park University 2006-2007 Undergraduate Catalog Page 87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "W".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2006-2007 Undergraduate Catalog Page 89-90

Disability Guidelines:
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. 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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Last Updated:3/2/2007 9:06:35 AM