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Meeting Document

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The course aims to provide the student with an introduction to the role of money, financial markets, financial institutions, and monetary policy in the economy. It will focus on the changing nature of money and the payments system as technology changes, the measurement of money, the role of the banking system in the creation of money and influencing the level of economic activity; the role of the central bank in regulating the banking system and pursuing monetary policy. The role of the financial system in linking investors and savers, providing information and reducing risk in the financing market will be emphasized.