Economics (ECON) 385
Money, Banking, and Canadian Financial Institutions (Revision 2)

Revision 2 closed July 14, 2003, replaced by current version.

Delivery mode: *Individualized study
*Note: This course may be offered online or online-enhanced. Confirm status before registering.
Credits: 3 - Social Science
Prerequisite: ECON 248
Centre: School of Business
Challenge for Credit: ECON 385 has a Challenge for Credit option

>> Overview | Outline | Evaluation | Course Materials | Course Fees | Course Availability


Overview

ECON 385 examines the important roles that money, banking, and financial institutions play in the economy, and assesses wide-ranging institutional changes that affect banking and financial systems. This course reviews recent changes in the Canadian and world financial systems, and provides a theoretical framework with which to analyse problems such as bank failures, regulatory reform, the debt crisis, and the internationalization of financial transactions that affect all sectors of the Canadian economy.

Outline

The course consists of the following eight units.

  • Unit 1 The Nature and Evolution of Money and Payment Systems
  • Unit 2 Financial Markets, Asset Prices, and Interest Rates
  • Unit 3 Financial Intermediation and Financial Regulation
  • Unit 4 Canadian Financial Institutions
  • Unit 5 Central Banking and Monetary Control
  • Unit 6 Monetary Theory and Policy, Part 1
  • Unit 7 Money and the International Economy
  • Unit 8 A Perspective on the Conduct of Monetary Policy in Canada

Evaluation

To receive credit for ECON 385, students must achieve a course composite grade of at least a "D" (50 percent) and a grade of at least 50 percent on the final examination. The weighting of the composite grade is as follows:

3 Telephone Quizzes
(5% each)		 2 Assignments
(15% each)		 Final Exam Total
15% 30% 55% 100%

Course Materials

Textbook

Binhammer, H. H. and Sephton, P.S. 1998. Money, Banking and the Canadian Financial
System. 7th ed. Toronto: ITP Nelson Publishing.

Other Material

The course materials include a study guide, and a student manual.

Athabasca University reserves the right to amend course outlines occasionally and without notice.
Courses offered by other delivery methods may vary from their individualized-study counterparts.

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Revision 2, Aug. 4/99
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This page was updated by G. Zahara