Economics , Faculty of Liberal Arts & Professional Studies, York University
Fall 2011 Course Outline
COURSE #: AP/ECON 3430 3.0A
COURSE TITLE: Monetary Economics I: Financial Markets and
2009-2010 Undergraduate Calendar | Important Dates | Enrol Here
York Courses Web Site (for Course Timetable / Schedule ) | Current Students Web
Course Instructor Contact:
Instructor: Dr. John Paschakis
Office: Vari Hall 1082
Contact: E-mail: [email protected]
, Phone: (416) 736-2100 Ext. 77028
Lecture Hours: Monday 7:00-10:00 PM, SLH-B
Office Hours: Monday & Friday 12:30-2:00 PM
Course Description (prerequisites/co-requisites):
This course studies the principal financial institutions and markets in the Canadian
economy. It analyzes the economic function, regulation, and operational features of
these institutions and markets. It considers the corresponding institutions and markets
in other countries.
Prerequisites: See undergraduate calendar.
Required Course Text / Readings:
Frederic S. Mishkin and Apostolos Serletis, The Economics of Money, Banking, and
Financial Markets, (Fourth Canadian Edition), Pearson 2011.
A Study Guide is available for the book, which is optional for this course. Weighting of Course:
Mid-Term Exam (worth 40%) Monday, Oct. 24 (during class time)
Final Exam (worth 60%) Final Exam Period
There will be no make-up mid-term exam. Students who miss the mid-term exam due to
documented medical reasons will have the weight transferred to their final exam. The
final exam will be held at a date and location to be set by the Registrar’s Office
1) Why Study Money, Banking, and Financial Markets?, Chapter 1.
2) An Overview of the Financial System, Chapter 2.
3) What is Money?, Chapter 3.
4) Understanding Interest Rates, Chapter 4.
5) The Bahaviour of Interest Rates, Chap