FI 4420 - The Financial System

3 Credit Hours
Prerequisites: FI 4000.
Requirements: Must meet RCB upper-division course requirements and 45 semester hours.

Description
This is a macro-finance course, focusing on the broad issue of funds flows through the entire economy. The objective is to provide students with an understanding of the characteristics of the major financial markets and financial instruments, the identity and nature of the major players in those markets, the forces influencing how funds flow through the worldwide system, and the role of interest rates in the process. While the course does address the role of the Federal Reserve in the financial system, monetary theory and policy are not covered.