This course provides an understanding of the role money, credit and the banking and financial systems have in the economy and how they influence economic growth. It also covers how individuals and businesses are affected by the decisions of the banking and financial systems regarding money and credit, including student loans. Students will learn the history of the financial system and how it has changed and continues to change as technology advances and globalization expands connecting economies around the world. The course will also cover how interest rates are determined by risk and time structure and how the student loan market affects students, colleges and the economy. Understanding how money, credit, banking and financial systems work helps students successfully analyze real world situations at a personal, professional and economy wide level.
Terms Typically Offered: Fall
Textbook information will be available online for each term's courses 45 days prior to the first day of classes
for the term.
The courses in this catalog are identified by prefixes and numbers that were assigned by Florida's Statewide
Course Numbering System, a system used by all public postsecondary institutions in Florida and 32 non-public
institutions. Seminole State controls the description, credit and content of its own courses.