Chang’an University
ECON 330 Money and Banking
Summer 2017
Basic Information
Term: May 28th – July 01st, 2017
Class hours: Monday through Friday, 16:10-18:10, 2 hours each day
Discussion: Saturday, 1 hour (60 minutes)
Review section: Saturday, 1 hour (60 minutes)
Credit: 4
Total contact hours: 72 (50 minutes each)
Location: Chang’an University
Instructor: Ida Mirzaie
E-mail: [email protected]
Home Institution: Ohio State University
Office: TBD
Office hours: By appointment
COURSE OBJECTIVES: This course is about (1) the description, explanation, and analysis of the
financial system; (2) the analysis of banks and the banking system; and (3) monetary theory and
policy, and their interactions within the macro economy. Emphasis will be on both the
underlying structures of the financial system and the macro economy, with applications of the
theory to governmental (i.e., central bank) economic policies. Topical coverage includes
money and the financial system; interest rate determination and the theory of asset demand;
financial markets and institutions (especially commercial banks); the money supply process, the
central bank, and monetary policy; and the analysis of aggregate economic activity using
alternative models of the determination of income, output, employment, the price level, and
interest rates.
REQUIRED TEXT MISHKIN: ECONOMICS OF MONEY, BANKING AND FINANCIAL
MARKETS, THE 11/e
OTHER READINGS
 Apart from readings posted on the course page, it is essential to
keep up with current economic events.
GRADING POLICY
Your total grade will be calculated based on earning points on your exams and the project.
1
Exam I:
%40
Exam II:
40
Homework:
20
Extra Credits:
5
--------------------------------------------The exams are not cumulative. Your total grade will be calculated as:
Two Exams + Homework + Extra Credit
Extra Credit (%5), Attendance and active participation
If you participate actively in at least 90 percent of all class activates including recitations, you will
receive the maximum attendance points. The details will be provided during the lecture.
GRADING SCHEME.
Each individual grade item to three or four decimal places will be rounded up to a maximum of
two decimal places. For example, 26.4357 will be rounded up to 26.44. The calculated total
grade will also display to a maximum of two decimals and no further rounding will take place
when assigning the letter grades.
Letter grades will be assigned using the following scheme:
#
Symbol*
Start %*
1 E
0
2 D
60
3 D+
67
4 C-
70
5 C
73
6 C+
77
7 B-
80
8 B
83
9 B+
87
10 A-
90
11 A
93
MAKEUP EXAM POLICY
There are no make-ups for homework problems. If you miss an exam because of emergency cases, I
offer one time make up exam. All make up exams will be a mixture of short answer, essay, and
2
problem questions. In order to take the makeup, you should provide me with written documentation
in regards to the emergency case prior to the makeup exam.
ACADEMIC MISCONDUCT
Code of Student Conduct:
www.studentaffairs.osu.edu/resource_csc.asp
Code of Student Conduct:
ACADEMIC INTEGRITY (ACADEMIC MISCONDUCT)
Academic integrity is essential to maintaining an environment that fosters excellence in teaching,
research, and other educational and scholarly activities. Thus, I expect that all students will complete
all academic and scholarly assignments with fairness and honesty. Students must recognize that
failure to follow the rules and guidelines established in this course and this syllabus may constitute
“Academic Misconduct.” Examples of academic misconduct include (but are not limited to)
plagiarism, collusion (unauthorized collaboration), copying the work of another student, and
possession of unauthorized materials during an examination.
WELCOME TO THE CLASS, AND REMEMBER THAT NOTHING IS BEYOND THE REACH
OF DETERMINATION AND HARD WORK!
I wish you all the best!
3
Expected Course Coverage
Week 1
Why Study Money and Banking? Chapter 1
An Overview of the Financial System, Chapter 2
What is Money? Chapter 3
The Meaning of Interest Rates, Chapter 4
Week2
The Behavior of Interest Rates, Chapter 5
The Risk and Term Structure of Interest Rate, Chapter 6
An Economic Analysis of Financial Structure, Chapter 8
Banking and the Management of Financial Institutions, Chapter 9
Week 3
Midterm Exam Review
Midterm Examination
Chapters 1, 2, 3, 4, 5, 6, 8, and 9
Economic Analysis of Banking Regulation, Chapter 10
Banking industry: Structure and Competition, Chapter 11
Week 4
Financial Crisis: Chapter 12
Central Banks and the Federal Reserve System, Chapter 13
The Money Supply Process, Chapter 14
Tools of Monetary Policy, Chapter 15
Week 5
The Conduct of Monetary Policy: Strategy and Tactic, Chapter 16
Aggregate Demand and Supply Analysis, Chapter 22
Money and Inflation, Chapter 24
Final Exam Review
Final Exam
Chapters 10, 11, 13, 14, 15, 16, 22, and 24
4