ECON 2210

The money and banking course provides an in-depth introduction to the role of money, banking, and financial markets within the Canadian and global economies. Students will explore the functions of money, the behavior of financial institutions, the structure of financial systems, the theory of interest and exchange rate determination, and processes of monetary control and the regulation of the banking and the financial systems. The course also examines the roles of central bank and banking system in the creation of money. By the end of the course, students will develop a comprehensive understanding of how the banking system operates and the impact of monetary policy in an open economy.