Textbooks can be purchased though the MBS bookstore
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: Cooperative/Group learning
Learning Outcomes:At the conclusion of this course it is expected that a student passing with a grade of D or higher will have demonstrated the learning outcome competencies of knowledge, comprehension, and application, by achieving at the sixty percent or higher level of proficiency, using verbal (discussion), essay, presentation and problem solving formats the following measurable learning objectives which include: (a) demonstrating the role of financial markets and institutions in the general economy, with special emphasis relating to determination of interest rates and the term structure of interest rates, (b) demonstrating the structure, role, functions and theoretical foundations of the Federal Reserve System in the application of monetary policy, (c) identifying, defining and explaining the basic nature and characteristics of debt security markets and instruments with emphasis on the money market, bond market and mortgage market, (d) identifying, defining, and explaining basic concepts concerning the nature, characteristics and functioning of equity markets, (e) identifying, defining, comparing and contrasting the basic concepts concerning the nature, characteristics and functioning of derivative security markets with special emphasis on financial futures, options and foreign exchange operations, (f) identifying, defining and explaining the unique role of commercial banks in the economy and their operations, regulation, management and performance, and (g) identifying, defining, and explaining the role and function of non-banking financial institutions to include thrifts, consumer finance operations, mutual fund operations and insurance operations.
Course Assessment: Presentation and Discussion (Participation) of properly constructed written reports on selected topics assigned by the instructor.
Grading: Grades will be based on the following:Presentations 50%; Participation 40%; Attendance 10%; There will be a ten point final grade reduction for each unexcused absence. Excused and unexcused absences require a minimum three page typed (12 point font, one inch margins) summary paper over relevant class topics discussed on the absent date. This paper is due the week after the absent class meeting. Email responses will be accepted. A ten point final grade reduction will apply for incompletion. All other late work will receive a grade of zero.
At the end of the course, your accumulated points will be converted to a weighted average grade based on the following scale:
90% - 100% = A
80% - 89% = B
70% - 79% = C
60% - 69% = D
below 60% = F
Missed Examinations: See instructor for excused make-up exam policy. See above statement.
An Incomplete grade will be assigned only due to unusual or emergency circumstances beyond student control as determined by the instructor. Incomplete grades must be completed by the end of the following semester.
Late Submission of Course Materials: Late assignments will receive a grade of zero.
Classroom Rules of Conduct: See Park policy.
Course Topic/Dates/Assignments: WEEK ONE: introduction, syllabus, text chapter readings assigned and presentation topics assigned;WEEK TWO: topic one; WEEK TWO; topic two; WEEK THREE: topic three; WEEK FOUR: topic four; WEEK FIVE: topic five; WEEK SIX: topic six; WEEK SIX: topic six; WEEK SEVEN: topic seven; WEEK EIGHT: topic eight.
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.
Park University 2004-2005 Undergraduate Catalog Page 101
Attendance Policy: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
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. 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: http://www.park.edu/disability .Please inform the instructor on date of the first class meeting of accomodations needed. The instructor will assist.
Copyright:This material is copyright and can not be reused without author permission.