The primary objective of this course, "Money and Finance," is to offer a comprehensive introduction to the fundamental concepts and roles of money, banking, and financial systems in the economy. This course is designed specifically for undergraduate students in science and engineering disciplines, aiming to build a solid foundation in understanding how financial markets, institutions, and monetary policies operate and interact within the broader economic framework.

Key topics to be explored include:
- Understanding Money: Delve into the nature and functions of money, exploring its role as a medium of exchange, a unit of account, and a store of value.
- Financial Markets and Institutions: Examine the structure and functions of various financial markets and institutions, including commercial banks, central banks, and non-banking financial institutions.
- The Role of Central Banks: Gain insights into the operations and objectives of central banks, with a focus on their role in regulating the money supply and maintaining financial stability.
- Money Supply and Monetary Policy: Understand the determinants of money supply and the mechanics of monetary policy, including how it influences interest rates, inflation, and the broader economy.
- Banking Systems and Structures: Explore the organization and functioning of banking systems, including the role of banks in the financial system and their operations in terms of lending, borrowing, and managing risks.

Through this course, students will develop a clear understanding of key financial concepts and mechanisms, enabling them to analyze and interpret financial news and reports with greater insight. The course will also equip students with the analytical tools necessary to understand the impacts of financial decisions and policies on the economy and society at large.

없음

Total score for each student = Max((1), (2)) as follows:
(1) Midterm Exam (30%) + Quiz/Assignment (30%) + Final Exam (30%) + Attendance (10%) = 100%
(2) Midterm Exam (20%) + Quiz/Assignment (30%) + Final Exam (40%) + Attendance (10%) = 100%

- 최신 금융 이슈에 대한 공부와 토론을 위해 수업 시간에 제시할 예정 입니다.

- "강의실" 수업이며 수업 언어는 "한국어" 입니다.
- 수업교재는 원서이지만 편의에 따라 한글 번역서(미쉬킨의 화폐와 금융, 12th edition, 2021년, 퍼스트북 출판, ISBN: 9789813136885)로 공부를 해도 상관이 없습니다.
- 첫번째 수업에서 오리엔테이션을 진행 합니다.
- 수강변경기간 중 수업은 정상 진행하되 출결사항은 수강변경기간 이후부터 평가에 반영 합니다.
- 수강변경기간 중 수강신청을 통해 본 과목을 신청할 수 있으며, POVIS에서 수강신청 후 PLMS에 본 과목이 뜨기까지 몇 시간 정도가 소요 됩니다.
- 강의 상황 및 수강생 피드백을 반영하여 일부 내용이 추가되는 등 주차별 강의계획은 일부 변동될 수 있습니다.

PART 1: INTRODUCTION
Chapter 1. Why Study Money, Banking, and Financial Markets?
Chapter 2. An Overview of the Financial System
Chapter 3. What Is Money?

PART 2: FINANCIAL MARKETS
Chapter 4. The Meaning of Interest Rates
Chapter 5. The Behavior of Interest Rates
Chapter 6. The Risk and Term Structure of Interest Rates
Chapter 7. The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis

PART 3: FINANCIAL INSTITUTIONS 
Chapter 8. An Economic Analysis of Financial Structure
Chapter 9. Banking and the Management of Financial Institutions
Chapter 10. Economic Analysis of Financial Regulation
Chapter 11. Banking Industry: Structure and Competition
Chapter 12. Financial Crises

PART 4: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY  
Chapter 13. Central Banks and the Federal Reserve System
Chapter 14. The Money Supply Process
Chapter 15. Tools of Monetary Policy
Chapter 16. The Conduct of Monetary Policy: Strategy and Tactics

PART 5: INTERNATIONAL FINANCE AND MONETARY POLICY
Chapter 17. The Foreign Exchange Market
Chapter 18. The International Financial System

- Lecture and Discussion
- Project/Assignment/Presentation
본 교과목은 개인 및 그룹 과제 수행을 위해 적극적인 수업 참여와 토론을 병행 합니다.