Money, Banking, And Financial Markets (saylor.org)

Of course, as that market expands and develops on a national and international level, the importance of money, banking, and other financial markets expands to accommodate innumerable exchanges.

This course will allow you to examine not only the origins and nature of money, but also the institutions and markets that have evolved to enable the exchange of goods and services worldwide. It will provide you with the opportunity to examine the instruments and strategies assisting production, distribution, and consumption. Also, this course will help you develop an appreciation for important concepts in economics, from interest rates and central banking to stocks, bonds, and foreign exchange.

Upon successful completion of this course, the student will be able to:

- Identify the implications, risks, and opportunities of global markets.

- Acquire and demonstrate analytical and problem solving skills within money, banking, and financial market disciplines.

- Assess how monetary activities affect an economy.

- Describe the structure of financial markets, the factors that shape them, and how they are regulated.

- Explain the nature and functions of money.

- Explain the role of financial markets in the economy.

- Assess the responses of the economy to both monetary and fiscal policy.

- Explain the basic purposes of the monetary and financial systems.

- Identify the markets for stocks, bonds, derivatives, and currencies.

- Explain the roles of banks and other financial intermediaries.

- Analyze how the Fed affects the economy.

- Identify how current money is traded for future money.

- Explain the concept “time value of money”.

- Discuss how one party to the transaction can make a decision at a later time that will affect subsequent transfers of money.

- Explain how information about the future can reduce the uncertainty associated with future monetary value.

- Assess how a financial crisis happens and how policy makers should respond.