ECON 4673:  Money & Banking

Contact Information
Dr. Benjamin Keen
Associate Professor of Economics 
Office: 437 Cate Center One
Office Hours: M/W, 12:00pm-1:00pm and by appointment
Phone (405) 325-5900
Email: ben.keen@ou.edu

Syllabus



Monday Wednesday
Week 01 August 21

Why Study Money, Banking, and Financial Markets?
Reading: Chapter 1

August 23

An Overview of the Financial System
Reading: Chapter 2

Week 02 August 28

What is Money?
Reading: Chapter 3

August 30

The Meaning of Interest Rates
Reading: Chapter 4

Week 03 September 4

Labor Day: No Class


September 6

The Behavior of Interest Rates
Reading: Chapter 5

Week 04 September 11

The Risk and Term Structure of Interest Rates
Reading: Chapter 6

September 13

The Stock Market
Reading: Chapter 7

Week 05 September 18

An Economic Analysis of Financial Structure
Reading: Chapter 8

September 20

Midterm Exam #1
Formula Sheet: Exam #1
Exam Preparation Questions
Week 06 September 25

Discuss Midterm Exam #1


September 27

Banking and the Management of Financial Institutions
Reading: Chapter 9

Week 07 October 2

Economic Analysis of Financial Regulation
Reading: Chapter 10

October 4

Banking Industry: Structure and Competition
Reading: Chapter 11

Week 08 October 9

Financial Crises
Reading: Chapter 12

October 11

Central Banks and the Federal Reserve System
Reading: Chapter 13

Week 09
October 16

The Money Supply Process
Reading: Chapter 14

October 18

Midterm Exam #2
Formula Sheet: Exam #2
Exam Preparation Questions
Week 10 October 23

Discuss Midterm Exam #2


October 25

Tools of Monetary Policy
Reading: Chapter 15

Week 11 October 30

The Conduct of Monetary Policy
Reading: Chapter 16

November 1

The Quantity Theory, Inflation, and the Demand for Money
Reading: Chapter 19

Week 12 November 6

The IS Curve
Reading: Chapter 20

November 8

The Monetary Policy and Aggregate Demand Curves
Reading: Chapter 21

Week 13 November 13

Aggregate Demand and Supply Analysis
Reading: Chapter 22

November 15

The Phillips Curve and the Short-Run Aggregate Supply Curve
Reading: Chapter 22 Appendix

Week 14 November 20

Midterm Exam #3
Formula Sheet: Exam #3

November 22

Thanksgiving Break: No Class


Week 15 November 27

Discuss Midterm Exam #3


November 29

Monetary Policy Theory
Reading: Chapter 23

Week 16 December 4

The Role of Expectations in Monetary Policy
Reading: Chapter 24

December 6

Transmission Mechanisms of Monetary Policy
Reading: Chapter 25


Formula Sheet: Final

Maintained by ben.keen@ou.edu
Last Modified:  October 17, 2017