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SHORT DESCRIPTION
This module discusses the importance of money and banking to economic activity on the national and international level. Specifically, it discusses why it is so worthwhile to study money, banking, and financial markets. It does so by:
- Analysing the inner workings of financial markets, particularly interest rate dynamics and the financial structure in the United States and in the rest of the world.
- Looking at the business and process of banking and
- Further, understanding the dynamics of financial crises, focusing on the red hot global crisis of 2007 2009.
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