Jul 21, 2019  
2018 - 2019 Student Catalog 
2018 - 2019 Student Catalog [ARCHIVED CATALOG]

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ECO 221 - Money and Banking

3 Cr.
Contact Hours Per Week: 3 Lec.

Money and Banking course is the study of the U.S. monetary system. Students will learn the concept of money, the measurement of money supply and roles of different financial institutions within the framework of our overall economy. The Federal Reserve System and its role in control of money supply, hence, the rate of interest are analyzed. Once the students have an understanding of the relationship between money supply and the interest rate, they will learn the relationship among interest rates, Gross Domestic Product, unemployment and inflation.
Usually offered Fall and Spring semesters
General Education: Meets SUNY requirement for Social Science (SS)

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