Course Catalog & Schedules Course Search > Search Results > Course Description Money Markets and the Fed (FINC-451-0) 1.00 Credit Description: This course counts toward the following majors: Analytical Finance, Finance This course covers financial institutions and financial instruments. In the first half of the course, the linkages between the financial system and the macroeconomy are studied including interest rate determination, the role of the Federal Reserve and the conduct of monetary policy. Particular attention is paid to the banking system, with an eye toward understanding the function and importance of banks. The second half of the course provides an overview of the instruments of the money market: federal funds, commercial paper, treasury bills, etc. Basic valuation and hedging techniques in short-term futures and swaps are also covered. Prerequisites: All Students: FINC-430-0 OR FINC-440-0 Corequisites: None

We are currently in the Fall 2009 quarter.

Academic Year: 2009-2010 Quarter: Fall 2009 This course has not yet been scheduled.   Academic Year: 2009-2010 Quarter: Winter 2010 This course has not yet been scheduled.   Academic Year: 2009-2010 Quarter: Spring 2010 This course has not yet been scheduled.   Academic Year: 2009-2010 Quarter: Summer 2010 This course has not yet been scheduled.

* indicates Sections where First Session is Mandatory.

+ indicates Sections with Second Year Preference.

Please send questions to kellogg-registrar@kellogg.northwestern.edu .