This course has been included in the degree program to strengthen the students’ background in the theory, policy aspects and institutional background of the financial system. Such training will be useful to students who will do professional work in business, finance, economics and government administration. This course enhances the range of elective courses available to students with a major in Banking and Finance, Finance and Risk Management, Economics, International Economy and Trade, Accounting and Finance, Information Systems, Marketing, and other areas.

This course provides an overview of the financial system, particularly the role of financial markets and institutions. It also presents a brief survey of the theory of money and an analysis of the conduct of monetary policy in recent years.