Money-Banking-Monetary Policy

Course Details

Course Number: 3703  Section Number: 101

Fall 2010

Location: Dillard College of Business Administration

Classroom Number: 133

Days & Times:

12:30p - 1:50p

Course Attachments

Syllabus  syl-308952MWS-2010-Fall-ECON3703-20100825-133313.doc


MSU Faculty Member
Dr. Bob Harmel   
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Course Objectives

An analysis of money, banking, and monetary policy, including an introduction to monetary theory.  Topics include the use of balance sheet management techniques to control interest rate risk and increase profit in a dynamic  banking environment.

Course Expectations

Course Specific Learning Goals.  After completing this course, students should be able to:

  • Explain the importance of banks and other depository institutions in the economy.
  • Identify the basic elements of term structure and risk structure of interest rates.
  • Describe the fundamental aspects of the business of banking
  • Understand contemporary bank regulation issues.
  • Gain insight into the nature, causes, impact, & policy remedies of the 2008 financial crisis.
  • Explain the structure, role, and importance of the Federal Reserve System.
  • Identify some of the international dimensions of monetary policy.
  • Understand the basic process of monetary policy determination and  implementation, and its relationship to aggregate economic activity.

Grading Standards

Grading: Possible Points
Regular Exams: 3 @ 100 points each 300
Final Exam @ 200 points (To be discussed!) 200 
Total Possible Points 500

Attendance & Participation = Up to 3 points added to semester average!

Semester Average = Points Earned / 5 90 or above = A
80-89 = B
70-79 = C 
60-69 = D
59 or below = F

Submission Format PolicyNote: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.

Plagiarism Policy Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception. Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters. We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student. We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed. Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, 397-4140.

Safe Zones Statement The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

  A seating chart will be prepared and attendance will be checked.  If you are not present when roll is checked, you will be marked absent.  Students are expected to attend class, listen carefully, and be prepared at all times to participate in class discussions of assigned material.  A student with four (4) or more unauthorized absences may be dropped from class by the instructor.  See the MSU Student Handbook for University class attendance policy.

Other Policies

Missed Exam Policy:  If, because of a truly unavoidable situation, you are absolutely not able to take an exam at the scheduled time/date, it is your responsibility to talk to me well in advance to ask to take the exam early.  If a legitimate, last minute emergency occurs, it is your responsibility to contact me before the exam begins.  If I am not available in my office, you must leave a voice mail or e-mail before the exam begins in order to receive any consideration for a make-up exam.  For any exam missed, you will receive the grade of zero (0) on that exam.


Academic Integrity:  Academic dishonesty will not be tolerated!  See the “Student Honor Creed” in the MSU Undergraduate Catalog.

Syllabus Change Policy:  This syllabus is a guide for the course and is subject to change.

Writing Proficiency Requirement All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed English 1113 and English 1123 and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at, or call 397-4131.