Money and Banking

The American College of Greece

Course Description

  • Course Name

    Money and Banking

  • Host University

    The American College of Greece

  • Location

    Athens, Greece

  • Area of Study

    Economics

  • Language Level

    Taught In English

  • Prerequisites

    EC 1000 Principles of Microeconomics
    EC 1101 Principles of Macroeconomics 

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • US Credits

    3
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    DESCRIPTION: 
    The nature and role of money. Scope and functioning of the finance system. Financial markets and interest rates. Financial institutions, bank management, and bank supervision. The money supply process and monetary policy.

    RATIONALE: 
    The course furthers the student’s knowledge of the role, management, performance and supervision of financial intermediaries. It provides a comprehensive description of the functioning of modern money and capital markets in a national and international context.

    LEARNING OUTCOMES: 
    As a result of taking this course, the student should be able to:
    1. Demonstrate detailed understanding of the nature and role of money and other modern financial instruments.
    2. Analyze the structure, functioning and management of the basic financial institutions.
    3. Evaluate the performance of financial institutions.
    4. Identify the unique role of the banking system and justify the need for its supervision.
    5. Demonstrate detailed understanding of the role of the Central Bank and the conduct of monetary policy.

    METHOD OF TEACHING AND LEARNING: 
    In congruence with the learning and teaching strategy of the college, the following tools are used:
    - Classes consist of lectures, class discussions, video presentations, problem-solving sessions.
    - Office Hours: Students are encouraged to make full use of the office hours of their instructor, where they can ask questions and go over lecture material.
    - Use of a Blackboard site, where instructors post lecture notes, assignment instructions, timely announcements, as well as additional resources.