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This course examines the financial system (institutions, instruments, markets, practices, and public authorities), and the implementation of monetary policy that aims to maintain financial stability and support economic growth. The course discusses current events reported in the financial press and uses the analytic frameworks developed in class to analyze these issues. This course trains students to think systematically about the current state of the economy and use quantitative tools to analyze the interactions between monetary policy and the financial system.

Prerequisite(s): MATH 1310 or MATH 1220, ECON 2200 and ECON 2220, each with a "C" (2.0) or better, or permission of instructor.