AIB Course Code: 1350
Course Length: 16weeks
Course Description:
Money and Banking presents a fundamental treatment of how money functions in the U.S. and world economies. Topics include the concept of money supply and the role your bank plays as a money creator and participant in the nation's payment mechanism. Money and Banking also explains how the various types of financial institutions operate, the workings of monetary and fiscal policies, the functions and powers of the Federal Reserve, and more.
Audience:
Bank personnel who have not had a formal course in money and banking and who wish to increase their understanding of the banking industry; officer trainees through the mid-management level.
Learning Objectives:
After successfully completing this program, you will be able to:
- Describe how commercial banks "create" money
- Identify the tools of monetary and fiscal policy
- Summarize and better interpret major trends and issues in banking
- Relate bank operations to the U.S. payments mechanism
- Compare and contrast various types of financial institutions
Textbook:
Money and Banking, 5th edition, American Bankers Association, 2003
Course Credits: AIB: 3.0
ACE College Credit Recommendation
In the upper division baccalaureate degree category, 3 semester hours in Money and Banking or Economics
Prerequisites:
None
Required Software:
None
