British Columbia Institute of

Important Notice: COVID-19 Institute response


ECON 7570 - Financial Markets, Banking and the Macro-Economy

Economics Part-time Studies Course

School of Business + Media

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

Course Details

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.


​Acceptance into the Bachelor of Business Administration program.





Fall 2021

Below is one offering of this course for the Fall 2021 term.

CRN 45087

Tue Sep 07 - Thu Dec 16 15 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Dec 16 Online
Oct 21 Thu 18:00 - 20:30 Online SE12 Rm. 312
Dec 16 Thu 18:00 - 20:30 Online SE12 Rm. 312


Richard Miles

Course Outline




  1. Internet delivery format.
  2. Departmental approval needed
  3. Enrollment is restricted to students accepted into the Bachelor of Business Administration Degree Program. Registration approval is automatically given upon full acceptance into the part-time program. This is an online asynchronous course with no set face-to-face with the instructor during the week. The exams will be held at the Burnaby campus on October 21 and December 16. Please note this course will be replaced by BUSA7500 once the new BBA program matrix is live. If you register in this section, you will automatically be switched into a section of BUSA7500 running at the same dates and times once it's available.

This course offering is in progress and full. Please check back next term or subscribe to receive email updates.

In Progress and Full

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


Interested in being notified about future offerings of ECON 7570 - Financial Markets, Banking and the Macro-Economy? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

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Programs and courses are subject to change without notice.

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English Language Proficiency

BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

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Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at on the first day of any course you are registered for.

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