Econ 353: Money, Banking, and Financial Institutions
Fall 2007

First Midterm Exam Review Guide
Topic Coverage and Required Materials

Last Updated: 25 September 2007

Latest Course Offering: Fall 2007

Course Instructor:

Professor Leigh Tesfatsion

Telephone: 294-0138

tesfatsi AT iastate.edu

Office Hours: Heady 375, F 10-12 and by appointment.

First Midterm Exam: Thursday, September 27, 2:10-3:25pm, Hamilton 169 (i.e., Regular Class Meeting Time and Place)

General Exam Policy: Please visit the Exam Information Site for detailed information about general midterm and final exam policies for Econ 353.

Section 1. Fundamentals of Financial Markets

Mishkin Chapter 1: Basic Concepts and Definitions

• ** Key in-class discussion questions for Mishkin Chapter 1

• ** Mishkin Chapter 1 ("Why Study Money, Banking, and Financial Markets?")

• ** PPT Overview of Mishkin Chapter 1: Basic Financial Concepts and Definitions (pdf,1.2MB)

• ** Notes on Mishkin Chapter 1: Some Additional Empirical Context

• ** "Measuring the Volatility of Stock Returns: Points to Ponder" (pdf,54K)

• ** ANSWER OUTLINE for Take-Home Exercise 1 on Mishkin Chapter 1 (Due: Tuesday, September 4, 2:10pm, 2007)

  

Mishkin Chapter 2: Overview of the Financial System

• ** Key in-class discussion questions for Mishkin Chapter 2 (Part A)

• ** Mishkin Chapter 2 ("An Overview of the Financial System"

• ** Notes on Mishkin Chapter 2: Part A

  

• ** Key in-class discussion questions for Mishkin Chapter 2: Part B

• ** Notes on Mishkin Chapter 2: Part B

• ** ANSWER OUTLINE for Take-Home Exercise 2 on Mishkin Chapter 2 (Due: Tuesday, September 11, 2:10pm, 2007)

  

Mishkin Chapter 3: What is Money?

• ** Key in-class discussion questions for Mishkin Chapter 3

• ** Mishkin Chapter 3 ("What is Money?")

• ** Notes on Mishkin Chapter 3

• ** ANSWER OUTLINE for Take-Home Exercise 3 on Mishkin Chapter 3 (Due: Tuesday, September 18, 2:10pm, 2007)

Section 2. Financial Markets (Domestic and International)

Mishkin Chapter 4: Understanding Interest Rates

• ** Key in-class discussion questions for Mishkin Chapter 4: Part A

• ** Mishkin Chapter 4:Part A ("Understanding Interest Rates", pp. 67-78)

• ** Notes on Mishkin Chapter 4: Part A (pp. 67-78)

• ** ANSWER OUTLINE for Take-Home Exercise 4 on Mishkin Chapter 4 (Due: Tuesday, September 25, 2:10pm, 2007)