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 1002, or 1023, or 1024), or ECON 1073.
UNB’s Fredericton campus, located in New Brunswick’s capital, was established in 1785; its Saint John campus, located in New Brunswick’s largest city, was established in 1964.
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