1 Economics 3229 Sec 1 Money Banking and Financial Markets Spring 2017 Read and retain this syllabus It s a living document does not represent a written contract and any changes made will be announced during the lectures Meeting Time Mondays and Wednesdays from 9 00 am to 9 50 am Meeting Place Waters Aud Waters Hall 117 Course Instructor Name Office Office Hours Phone Email George Chikhladze 237 Professional Building Mondays Wednesdays and Fridays 1 00 2 00 or by appointment 884 1588 chikhladzeg missouri edu best way to contact me Course Overview Money and banking is an exciting discipline that covers issues of importance in real life This course provides an overview of the working of the financial and economic system and seeks to provide an understanding of how a financial economy operates Problems arising from asymmetric information in markets are shown to be of vital importance in appreciating the structure and functioning of the financial system Research in the areas of money banking and financial markets is highly active and deals with issues continuously in the news and the subject of vigorous policy debate International concerns are also increasingly influencing the direction of discussion on financial economic issues In the course emphasis will be given to the role of asymmetric information in financial markets and associated regulatory issues that arise the fundamentals of interest rates and financial institutions the money supply process and the conduct of the Federal Reserve the behavior of exchange rates and the international financial system and rational expectations and the working of efficient markets Textbook Frederic Mishkin Economics of Money Banking and Financial Markets Business School Edition 4th edition Pearson 2016 Having this textbook is required and absolutely essential This course is part of our AutoAccess program designed to reduce the cost of course materials for students You will be able to access the digital content for this course through Blackboard Canvas on the first day of class automatically Your student account will be charged 72 99 on January 26th 2017 for the cost of the digital course materials We have helped save our students over 3 million by providing digital content through this program If you have questions please visit www themizzoustore autoaccess or email AutoAccess missouri edu Economics 3229 Section 1 Syllabus Spring 2017 2 Emergency related issues In case of an emergency military call ups sickness or death in the family affecting attendance the day of an exam or an online quiz you will be excused from the exam or the quiz if and only if you follow this procedure You must provide your teaching assistant TA or the professor with your justification via email and you must submit proper documentation to your TA in a timely manner e g military order in advance doctor s note upon your return When you go through a death in the family you need to send us a statement via e email telling the deceased s name and the relationship to you and provide your TA with a copy of the obituary upon your return Unexcused i e no documentation missed tests and quizzes will be scored as zeros A maximum of one quiz and one midterm can be excused during the semester The excused quiz will be scored as the average of your other quizzes Your performance on the final exam will replace your midterm score if you miss one of the midterms with an accepted excuse If you miss more than one midterm or the final exam you will automatically receive an F Note If you have a valid excuse to miss two midterms or to miss the final on their scheduled dates you will receive an incomplete for the semester grade Grades Plus Minus grades will be determined on the basis of two midterm examinations a comprehensive final examination online quizzes and lab attendance A maximum of 450 points can be earned in the course The two midterm examinations will be worth 80 points each the final will be worth 160 points each quiz will be worth 10 points There will be 10 quizzes during the semester although only the best 9 will count to your quiz score There are no make up examinations The score on the final exam will replace the lowest score on a midterm exam if the former is higher First midterm 40 questions 2 points each Second midterm 40 questions 2 points each Online quizzes best 9 10 questions 1 points each Final Exam 80 questions 2 points each Lab attendance and participation 80 80 90 160 40 Total course points 450 The letter grade is assigned based on the total points you can earn A B C D F 90 405 points or more 80 360 points or more to strictly less than 90 405 points 70 315 points or more to strictly less than 80 360 points 60 270 points or more to strictly less than 70 315 points strictly below 60 270 points Economics 3229 Section 1 Syllabus Spring 2017 3 Plus minus grades For each letter grade the bottom and top 3 respectively determine the minus plus grades Example 83 to strictly less than 87 B and 80 to strictly less than 83 B 87 to strictly less than 90 B Quizzes A total of 10 online quizzes will be given Quizzes will be offered on Blackboard The link to the quiz will appear on Blackboard under Assignments folder on Friday afternoons See Quiz Schedule document and will be available till 9 00 p m the following Sunday exceptions to this schedule due to snow days etc will be announced during the lecture However you will only have 25 minutes to complete the quiz Once started quiz cannot be saved and must be completed Extremely important while taking a quiz do not open any other windows do not hit back button etc If you get disconnected for any reason the system will not let you back in That s why you should choose a reliable computer with a reliable connection Hit save button often and when finished hit submit Make sure you attend every lecture and lab RSD meeting to so that you know topics and problems covered for every quiz Quizzes will be based on material already covered in lecture and in lab Only highest 9 quiz scores will count which means you can drop one Note Due to Reading Day falling on Friday the last Quiz 10 will be offered earlier with a changed due date Follow announcements made during the lecture Reef Polling by iClicker I will be using REEF Polling by i clicker in class this term You will need to create a REEF Polling account to vote in class using your laptop smart phone or tablet connected to the university s Wi Fi You may also use your i clicker remote in