Introducing the role of money, financial intermediation, and the Federal Reserve in the U.S. economy, this course has two main goals: First, to provide a basic understanding of the nature and economic functions of money, banks, nonbank financial institutions and financial markets for debt, equity, foreign exchange and derivatives. Second, the course seeks to enhance the knowledge of how the flows of funds throughout the economy in form of money and credit influence the determination of interest rates, general price levels, exchange rates, income, and wealth through the actions of the public, financial intermediaries, the Federal Reserve, and the government. Other topics include financial innovation, financial crises, banking scandals, and the regulation of financial products and activities. Format: ECON 350 is delivered in distance education format only. Registered students will be contacted by the instructor via Binghamton e-mail account just prior to the start of the session. A good computer and reliable Internet access, as well as a Binghamton e-mail account, are required. Course is taught using Internet and Brightspace. Grading is based on midterm and final examinations, a short research project, Internet-based assignments, and regular class participation via Brightspace discussion forums. Each student will keep a personal journal of summaries of current event articles relevant to the course. For more information, contact the instructor at crsebu@binghamton.edu. IMPORTANT: The first assignment will be due on the third day of class. So, it is essential that students have access to the assigned textbook before the start of the term, and that they are officially enrolled in the class by the first day of the term to be able to access the additional course materials and assignments to be posted on Brightspace. Prerequisites: Prerequisites: Grade of C or better in ECON 160 and ECON 162