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
Learning Outcomes:The student will have a general understanding of the financial markets, the determination of interest rates, the Fed and monetary policy, operation of the money markets, the fixed income markets including mortgage markets. Additionally, the study will understand the equity markets as well as commercial banking.
Course Assessment: At each class meeting, the student will be expected to share a news article on a subject pertinent to the subject from the current financial press. Additionally, there will be mid-term and final exams.
The student will be expected to read all assignments prior to meeting with the instructor and be prepared to discuss the assignment. In addition, the student will be expected to become familiar with the financial press and bring articles to class which he/she is prepared to discuss.
Grading: There will be two exams with a weight of 45 points each plus an additional 10 points for class participation.
A = 90 to 100 points, B = 80 - 89 points, C = 70 - 79 points, D = 60 - 69 points, F = Below 60 points
Classroom Rules of Conduct: Students are expected to read the assigned chapters before the class meeting during which they will be discussed. Students are also encouraged to participate actively in class discussions.
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 .
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