This elective course is designed for students who want to learn more about the role of the financial system in the economy. These and other questions are answered in this course. Financial services professionals who advise clients should feel comfortable with their understanding of the operation of the financial system and how it affects the climate in which investment decisions are made. Monetary policy affects interest rates, the cost of credit. Since many spending decisions depend on an ample supply of reasonably priced funds, changes in monetary policy can have profound effects on both the direction of economic activity and investment returns.
Exam preparation starts with a careful reading of the course materials.
The study guide is designed to assist the self-study student to focus on those topics and concepts that are most important. Each question in the study guide is page-referenced to the reading materials. By answering these questions, students should be able to pass the exam with confidence. Students should note that, for examination purposes, they are responsible only for information in the study materials, text and study guide, for this course, and not for any additional material contained in this Web page.