Money and Banking
Prof. Ranjit S. Dighe / Spring 2012, in Mahar 208 / Eco 340-800: MWF 10:20-11:15

Bank consolidation

Required textbooks:

The most relevant links for the course, including links to the lecture notes and syllabus, are on ANGEL.
Click here to log into ANGEL.

Article to read / In the news:
See ANGEL site.

fed funds rate chart 2008 dec 16
16 Dec. 2008: With the economy in recession and financial markets still in crisis,
the Fed lowers its federal funds rate target to a record-low range of 0 - 0.25%.
This is where it has been ever since (as of January 2012).

In the first week of class I will hand out a two-page review of supply and demand.  A broader review of economic principles, for students in need of a refresher, is here.  For a still more detailed review of supply and demand, you could check out these notes from my colleague John Kane, with multi-colored graphics, on supply, demand, pricing, and profits in a perfectly competitive market.

Practice quizzes from Spring 2007
Some more old (Spring 2006) weekly quizzes and solutions
Some more old (Fall 2005) weekly quizzes and solutions

In November 2008 the Federal Reserve began paying interest on bank reserves.  James Hamilton explains how and why it matters (8 Nov. 2008).

Related web sites:
More good links:
The Subprime Prime: a crudely hilarious and on-target PowerPoint presentation, with stick figures
"The Crisis of Credit Visualized," by Jonathan Jarvis (2009) -- 11-minute animated presentation

Final exam date and time:
Mon., May 7, 2012, 10:30 - 12:30

This page was last revised on 19 January 2012.