Economics

ECON3103Introduction to Money and Banking3 ch (3C) (EL)

Introduces theory of money, history of monetary systems, deposit creation, central and commercial banking, monetary policy and foreign exchange.

Prerequisite: 3 ch of first-year macroeconomics (ECON or ECON 1002, or ECON 1023, or ECON 1024), or ECON 1073