4.0

credits

Average Course Rating

This course examines the role of financial institutions and money in the international economic system. The course begins with an overview of what financial institutions are and what they do. The course will then study the causes of financial crises and the impact that they have on local and global economies. Then this course will study international financial regulation and the impact of interest rate movements on banks. The class will close by studying the new area of digital assets (e.g. Bitcoin, central bank digital currencies (CBDC), stablecoins) and will discuss the potential role they may play in our financial system.