The course will be taught online using Internet-based lecture presentations, readings, assignments, student projects, market participation and chat rooms. We study the role of financial systems in the U.S. economy, including the banking system, credit unions, foreign exchange, the bond market and interest rates, the Federal Reserve, and debt and equity markets. We explore the ways in which capital is distributed throughout the economy and how it affects community development and the distribution of income. Topics include the role and history of money and banking, the financial system and the determination of interest rates, the role of capital in society, banking management and regulation, monetary policy and theory and the role of the Fed, the Great Recession, and the financial and economic effects of the Coronavirus pandemic. Student projects focus on the issues of those banks most involved in the financial crisis, on predatory lending, both nationally and locally, and on the ways in which banks attempt to influence financial legislation. Format: ECON 350 is delivered in distance education format only for the summer. Registered students will be contacted by the instructor via Binghamton e-mail account just prior to the start of the session. A good computer, Microsoft Word and Excel, and reliable internet access, as well as a Binghamton e-mail account are required. Course is taught using Blackboard through MyCourses. Grading is based on midterm and final examinations, three student projects, short Internet-based assignments and participation in class market simulations. Online attendance and class discussion via chat rooms are expected and will influence the final grade. We will study monetary policy by creating our own electronic currency. For more information, contact the instructor at kchristi@binghamton.edu. IMPORTANT: Groups are formed on the first day of class. The first assignment is due the second day of class. The first week of classes includes two assignments and a research project. Students adding the course late will not be given extensions on assignments. The Final Exam will be given on the last class day. Books: Mishkin, The Economics of Money, Banking, and Financial Markets, 12th edition.