Banks play a central role in the functioning of the financial system and conduct of monetary policy. Especially critical is the role of informational differences in financial transactions and how banks work to mitigate the challenges these asymmetries present.
Course Description: This course presents an introduction to the main forces affecting bank performance. Through a combination of lecture and discussion students in the course learn about tools banks use to measure their performance. Students will also learn how changes in monetary policy, interest rates, regulation, and competition influenced the evolution of the banking system.
Prerequisite(s): ECN 100 or (Agricultural and Resource Economics 100A and 100B), 101; Statistics 13