Online Course Offering – Summer 2009

Money and Banking
Analysis of financial instruments and markets, and monetary policy.
Prerequisites: Econ 201 and Econ 202

Textbook: The Economics of Money, Banking, and Financial Markets, 8^th edition by Frederic S. Mishkin (purchased online or through the UMW bookstore).

Also, you must purchase access to the Aplia website ($35, paid to Aplia.) Note: When you sign up for the class you have immediate access to the site; payment isn’t due until 6/4. You can preview the site at any time!

Coursework

25% Read assigned chapters (chapters 1-7, 12-16) and complete homework assignment for each through the Aplia course website (www.aplia.com).
25% Read chapters 8 – 11 on financial institutions and banking regulation. Essay on the (ongoing) 2008 financial crisis/TARP program; what happened, its causes, and its effect on the economy.

25% Report on the current state of the economy.

25% Monetary policy recommendation paper.

The course is scheduled during the entire summer session (May 18 – July 23) but may be completed on a different time schedule as arranged with and approved by the instructor.

Tentative May 18 – July 23 Time Schedule

Week 1 – Chapter 1, 2 and 3, Aplia
Week 2 – Chapter 4, 5 and 6, Aplia
Week 3 – Chapter 7, 12, and 13, Aplia
Week 4 – Chapter 14, 15, and 16, Aplia; start State of the Economy research
Week 5 – Chapter 8, 9, 10, 11; start essay research; work on State of Economy Report.
Week 6 – Draft State of the Economy Report due; work on Essay
Week 7 – State of the Economy Report due; Essay draft due
Week 8 – Essay due; start monetary policy paper research
Week 9 – Monetary policy research; Draft monetary policy paper due
Week 10 – Monetary policy paper due