ECO 221 - Money and Banking3 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)
Click here for the Summer 2019 Class Schedule
Click here for the Fall 2019 Class Schedule
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