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: My educational philosophy is based on an interactive relationship with the student. The course will be taught using lectures, classroom discussions, student written and oral reports and home study. My goal is to encourage exploration of ideas and issues relating to Financial Markets and Institutions.
Learning Outcomes:Upon completion of the course, the student will have an understanding of:
1) The role of key financial markets and institutions.
2) The functions of the Federal Reserve System.
3) The workings of major debt securities markets.
4) The processes of equity securities markets.
5) The common sources and uses of funds for commercial banking and how banks manage them.
6) The roles and functions of key non-bank operations such as Thrifts, consumer finance, and mutual fund operations.
Course Assessment: Students are required to read the text book assignments prior to each class and be prepared to discuss the material. Each student is required to submit a 3-5 page (double spaced) research paper dealing with Financial Markets and Institutions (specifics will be discussed during first class session). Additionally, two tests will be give, a mid-term and a final. These tests will consist of true/false or multiple choice questions. Students are responsible for obtaining any information that is missed during absences
Grading: 1) Research Paper 15%
2) Class Participation 10%
3) Mid-Term 35%
4) Final 40%
59% or below=F
Late Submission of Course Materials: I will accept late assignments. However, assignments not submitted on the due date will be lowered one letter grade for each class period it is late.
Classroom Rules of Conduct: Students will be required to turn off cell phones or any other communication devices during class so they will not interrupt the class. No electronic devices to include cell phones, palm pilots or computers will be allowed "on" during test taking.
Course Topic/Dates/Assignments: Date: Topic:
March 15 No Class
March 17 No Class ( Read chapter 1 and answer
questions 1-4 on page 19 of chapter 1)
March 22 Introduction and chapters: 1-2
March 24 Chapters: 3-4
March 29 Chapters: 5-6
March 31 Chapters: 7-8
April 5 Chapters: 9-10
April 7 Chapter: 11-12
April 12 Mid-Term (Chapters 1-12)
April 14 Chapters: 13-14
April 19 Chapters: 17-18 and Papers Due
April 21 Chapters: 19-20
April 26 Chapter: 22-23
April 28 Chapters: 24-25
May 3 Chapter: 26
May 5 Final Exam (Chapters 13-14, 17-20,& 22-26)
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 2004-2005 Undergraduate Catalog Page 101
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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