Economics (ECON) 385
Money, Banking, and Canadian Financial Institutions (Revision 3)
Revision 3 is closed for registrations, replaced by current version
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Delivery Mode: Individualized study
Credits: 3
Area of Study: Social Science. Econ 385 can be used as Applied Studies (Business and Administrative Studies) by credential students only.
Prerequisite: ECON 248
Centre: Faculty of Business
ECON 385 has a Challenge for Credit option.
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
- Unit 7: Money and the International Economy
- Unit 8: Monetary Policy in Canada: A Review
Evaluation
To receive credit for ECON 385, you 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% |
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Course Materials
Textbook
Binhammer, H. H. and Sephton, P. S. 2001. Money, Banking and the Canadian Financial System. 8th ed. Toronto: Nelson Thomson Learning. ISBN 0-17-616856-7
Other Materials
The course materials also include a study guide and course manual/assignments booklet.
Challenge for Credit Course Overview
The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.
Full information for the Challenge for Credit can be found in the Undergraduate Calendar.
- Undergraduate Challenge for Credit Policy
- Undergraduate Challenge for Credit Procedures
Challenge Evaluation
To receive credit for the ECON 385 challenge registration, you must achieve a grade of at least 50 per cent on the examination.
Paper Exam (3 hours)
Undergraduate Challenge for Credit Course Registration Form
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.
Opened in Revision 3, July 14, 2003.
View previous syllabus