ECON 4111 Money and Banking Systems

Instructor Contact

Dr. Alpna Bhatia


This course is designed as an advanced course to provide an understanding of money, financial institutions, and the monetary-financial system in a modern economy. We will explore the structure of money, banking, and financial institutions. The role of the Federal Reserve as the central bank will be examined. Finally, the course will introduce current issues in money supply and monetary policy.

Course Prerequisites: ECON 3080 (Intermediate Macroeconomics) with a C- or better course grade.

Proctoring: This course requires proctored examinations. Exams are proctored which will require planning on your part. Proctors are individuals who administer the exam process following the guidelines provided by University of Colorado Boulder to ensure academic integrity. Some proctoring options require the student to pay a fee.


By the end of the course, you should be able to:

  • Explore the structure of money, banking, and financial institutions.
  • Evaluate the impact of present and future value, as well as risk, on Money issues.
  • Analyze current issues in money growth and monetary policy.
  • Acquire the ability to think about complex economic issues in a logical objective manner
  • Evaluate different economic arguments and interpret the reasons why some are well-founded, while others are not.
  • Further their analytical, research and writing skills
  • Communicate the results of economic analysis in a clear and professional way.


Money, Banking, and Financial Markets by Stephen Cecchetti and Kermit Schoenholtz, 6thedition with access to Connect. Connect is where you will read your textbook and complete some graded assignments. You will access Connect through Canvas.


Type of Assessment Times offered Number counted towards grade Points per Assignment Grade Points Grade Percentage
Module Prep 12 11 10 110 11
Smart Book 12+ 12 10 120 12
Assignments 12 11 30 330 33
Midterm 1 1 200 200 20
Final 1 1 200 200 20
Practice Exams 2 20 40 4
GRADE TOTAL 1000 100

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Monday – Friday
9:00am to 4:00pm


We are located at the corner of University Avenue and 15th Street in a white brick building.


1505 University Avenue
University of Colorado Boulder
178 UCB
Boulder, Colorado