Chapter 15 Overview

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Topics

  • Understanding Money and Financial Institutions

Objectives

By the end of this week you will be able to...

  • Describe what money is, its characteristics and functions, and the three parts of the U.S. money supply.
  • Explain how the Federal Reserve manages the money supply.
  • Describe the key financial institutions and the role they play in the process of financial intermediation.
  • Describe how the Federal Deposit Insurance Corporation (FDIC) protect depositors' funds.
  • Describe the role U.S. banks play in the international marketplace.
  • Discuss the trends reshaping financial institutions.

Weekly Schedule

Activity Estimated time required
Reading: Chapter 15 1 hour
Discussion: Week 15 45 minutes
Assignment: Week 15 45 minutes
Quiz: Chapter 15 45 minutes