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Econ 354: Money and Banking
Current Semester: Summer 2011
Section 01:
Meets T W R from 2:00pm - 4:15pm in HH1301
Click here for the Syllabus
This course focuses on money and the banking system and comprises of three main parts. We will start the course with an introduction to money, interest rates and the concept of present discounted valuation. The first part of the course will go on to review the determinants of the money supply process, the operations of monetary policy and its goals, and the demand for money. Part two will introduce some monetary theory by examining the effects of (coordinated) monetary (and fiscal) policy on the economy within the context of the IS-LM framework. Finally, the last part of the course will examine interest rates further, with regards to their behavior, concepts of risk and also (time permitting) provide a brief overview of the institutional arrangements that apply to money, banks and other financial intermediaries and institutions.
Aplia Access
Money and Banking, ECON 354-01, Summer 2011
Professor Yamin S AhmadECON 354-01 meets Tue/Wed/Thu in HH1301 at 2:00pm
Your course key is: N797-QVAJ-S4W8
Course Fee: $40.00 USD.To get started, please do the following:
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Lectures
Note: These lecture notes are not meant as a substitute for your own class notes. Rather, they are meant to assist you in taking class notes. In no cases are they complete representations of the course material, and in most cases, they will not be comprehensible without having attended class.
Files can be viewed with Adobe Acrobat Viewer 
(click here to download)
| Course Schedule | ||||
|---|---|---|---|---|
| Week | Subject | Lecture Notes | Mishkin Reading (9th ed) | |
| Powerpoint Version | pdf Version | |||
| 1 | Introduction to Financial Markets and Money |
Lecture1.ppt | Skim chapters 1-3 |
|
| Review of AD-AS | ADAS_Review.ppt | Appendix Chapter 1 Chapter 22 |
||
Introduction to Money; Review of AD/AS and effects of monetary policy. |
Lecture2.ppt | Chapters 3
|
||
| In Class Workshop: A Trading Experiment (Please download instructions on the right) |
Instructions for Trading Experiment | |||
| 2 | Introduction to Interest Rates |
Lecture3.ppt | Chapter 4 | |
| The Behaviour of Interest Rates | Lecture4.ppt | Chapter 5 | ||
| Risk and Term Structure | Lecture5.ppt | Chapter 6 | ||
| 3 | The Stock Market; Expectations | Lecture6.ppt | Chapter 7 | |
| Economic Analysis of Financial Structure | Lecture7.ppt | Chapter 8 | ||
| Financial Crisis and the Subprime Meltdown | Lecture8.ppt | Chapter 9 | ||
| 4 | Central Banks and the Federal Reserve System | Lecture9.ppt | Chapter 13 | |
| Money Supply and Deposit Creation Creation; Money multiplier; factors affecting money supply | Chapters 14 | |||
| 5 | Tools of Monetary Policy |
Lecture 12.ppt | Chapter 15 | |
| Conduct of Monetary Policy | Lecture13.ppt | Chapter 16 | ||
| Monetary Policy and the Great Recession | Lecture14.ppt | |||
| 6 | The Demand for Money | Lecture15.ppt | Chapter 19 | |
| The Foreign Exchange Market | Lecture16.ppt | Chapter 17 | ||
| Final Exam: Scheduled for the last day of class on Thursday! | ||||
Problem Sets
Problem sets are posted on Aplia. Please sign in to Aplia to access the problem sets for this week.
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Exams
This is where you will find exams and answer keys after you have taken them.
Exams This Semester
Exams this semester and solutions will be posted here after you have taken them.
Quiz 1 Quiz 1 Solutions
Quiz 2 Quiz 2 Solutions
Quiz 3 Quiz 3 Solutions
Quiz 4 Quiz 4 Solutions
Final Exam Schedule:
August 11th (in regular classrooms) : 2:00pm - 4:00pm
Sample Exams and Past Exams
Semester Sample Fall 2005 Spring 2006 Spring 2007