Economics (ECON) 385
Money, Banking, and Canadian Financial Institutions (Revision 5)
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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.
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.
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
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.
|6 Quizzes (5% each)||30%|
|2 Assignments (8% each)||16%|
|2 Research Questions (2% each)||4%|
The examination(s) for this course will be written in the traditional pen and paper format. To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Mishkin, F. S., & Serletis, A. (2016). The economics of money, banking, and financial markets. (6th Can. ed.). Upper Saddle River, NJ: Pearson. ISBN 9780134376936
A print version of the eText can sometimes be purchased from the publisher through a direct-to-student link provided on the course website; you can also acquire the textbook on your own if you wish.
All other learning resources will be available online.
The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, and 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.
To receive credit for the ECON 385 challenge registration, you must achieve a grade of at least 50 percent 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 5, July 7, 2017.
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Updated November 14 2018 by Student & Academic Services