BU 1043 - Principles of Finance

Hours: 3

A broad introduction to the operations, mechanics, and structure of the financial system within the United States. Special emphasis is given to financial instruments, markets and institutions, the Federal Reserve System and monetary policy. The course stresses the impact of monetary policy on the economy and on the operation of financial institutions. The course is intended to be the first course in finance.

Prerequisite: AC 1003, minimum grade C