Course Overview
This course emphasizes the economic way of thinking by developing a unifying framework to study money, banking, and financial markets. This analytic framework uses a few basic economic concepts to organize your thinking about the determination of asset prices, the structure of financial markets, bank management and the role of money in the economy.
Prerequisite(s)
- Acceptance into the Bachelor of Business Administration program.
Credits
4.0
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Differentiate the relationships among the institutions and the structures of the Canadian Banking System.
- Explain the determination of interest rates and the variables that impact interest rates.
- Explain the functions of the Bank of Canada and the "Bank Act".
- Assess and interpret Canada's Monetary Policy.
- Analyze and identify factors that cause exchange rates to change.
- Identify the linkages between international financial prices.
- Measure the impact of exchange rate movements on the cash flow of a firm.
Effective as of Fall 2015
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.