A study of international monetary problems, financing of the flow of goods and services among nations, and balance of payments considerations. The theory and practice of bank asset and liability management in the context of a liquidity-profitability conflict. An analysis of current problems in commercial banking from the points of view of the banks, their regulators, and the public. An inquiry into the techniques of analysis of financial statements as an aid to extraction and evaluation of information for interpretation and decision-making by lenders, investors, and others. A study of the history, economic functions, operating techniques, and policies of central banks.
Emphasis is given to concurrent problems of monetary policy and control.