Applied Studies (Business and Administrative Studies) or Social Science. ECON 385 can be used to fulfill the Applied Studies (Business and Administrative Studies) area of study by credential students only.
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 analyze 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 six units.
Unit 1: The Nature and Evolution of Money and Payments Systems
Unit 2: Financial Markets
Unit 3: Canadian Financial Institutions
Unit 4: The Management of Financial Institutions
Unit 5: Central Banking and the Conduct of Monetary Policy
Unit 6: International Finance and Monetary Policy
Evaluation
Your final grade is determined by a weighted average of the grades you receive on the following activities. To receive credit for this course, you must achieve a minimum grade of 50 percent on the final examination, and an overall grade of at least D (50 percent) for the entire course.
Activity
Weight
6 Quizzes (5% each)
30%
2 Assignments (8% each)
16%
2 Research Questions (2% each)
4%
Final Exam
50%
Total
100%
The final examination for this course must be requested in advance and written under the supervision of an AU-approved exam invigilator. Invigilators include either ProctorU or an approved in-person invigilation centre that can accommodate online exams. Students are responsible for payment of any invigilation fees. Information on exam request deadlines, invigilators, and other exam-related questions, can be found at the Exams and grades section of the Calendar.
To learn more about assignments and examinations, please refer to Athabasca University’s online Calendar.
Materials
Mishkin, F. S., & Serletis, A. (2023). The economics of money, banking, and financial markets (8th Can. ed.). Pearson. (eText)
All other learning resources will be available online.
Challenge for credit
Overview
The challenge for credit process allows you to demonstrate that you 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 about challenge for credit can be found in the Undergraduate Calendar.
Evaluation
To receive credit for the ECON 385 challenge registration, you must achieve a grade of at least 50 percent on the examination.
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.