Home Page for ECON 320
Money and Banking


Announcements
  • Reminder:  
    A written book review is due 7 days after your panel discussion.  There are two exceptions:
    1) Since the panel discussion on Random Walk was so early, participants may turn in their book reviews as late as the end of this week.  
    2) Seven days after the panel discussion on Sowell's Housing Boom and Bust is the day before Thanksgiving, so students who are reading and discussing that book may submit their book review to me by Wednesday December 2.
  • Book reviews should be in the form of a Microsoft Word file, emailed to me.  Suggested length is 5 pages of double-spaced text (not including cover sheet), but I'm more interested in quality than quantity.  
  • A good book review is critical as opposed to merely summative.  A great source for guidance on writing good reviews is this site.  Also, this overview page is brief but has valuable wisdom.  One final thought:  In the unlikely event you are tempted to pattern your book review off of a published review of the same book by a professional reviewer, don't.  It's unethical.  Saving a few hours of work is not worth compromising your integrity, even if you have extraordinary demands on your time.  
  • I've posted a study guide for the Final Exam which, so far, covers Chapters 10 and 11.  See below under "handouts & virtual handouts."  Password required to open file.   
  • Here are my notes on the foreign exchange market.  
  • Click here for the one-page handout on writing discussion questions, which I passed out in class on Monday Nov 2.   
Syllabus
Daily Indicator
Book review and panel discussion
  • Click here for the one-page handout on writing discussion questions, which I passed out in class on Monday Nov 2.  
  • Book assignments:
    • A Random Walk Down Wall Street, by Burton Malkiel
      Panel discussion date:  Wednesday, November 11
      Students:  Andrastek, Brown, Grosskopf, Kaseska, Torcaso
      Your book review and panel discussion should focus on Chapters 1-11.  You need not read Chapters 12-15.  
    • A Failure of Capitalism, by Richard Posner
      Panel discussion date:  Wednesday, December 2
      Dickerson, Milano, Smith
    • The Housing Boom and Bust, by Thomas Sowell
      Panel discussion date:  Wednesday, November 18
      Connolly, Crandall, Khoshbin, Koeneman, Schranck
    • Fool's Gold, by Gillian Tett  
      Panel discussion date:  Wednesday, December 9
      Basalone, Kempton, Maclaughlin, Rombalski 
  • You will need to purchase, borrow, or otherwise acquire rent a copy of your assigned book.  
Homework
  • How your homeworks are scored:  Each HW is worth up to 10 possible points.  
       10 = A+ = surpassed my expectations
       9 = A/A- = very good work on all parts
       8 = B = good attempt on all parts, good work on most parts
       7 = C = some work good, others not so good and/or a few parts missing
       1-6 = D or less = substantial portions missing and/or most work is far from correct
  • HW1, due 11:00pm 9/23        Answers to HW1
  • HW2, due 8:00pm 10/6.   instructions,  Excel file     Answers to HW2
  • HW3, due 8:00pm Tuesday 11/3.  
Resources
Good sources for data and information
Handouts and "virtual handouts"
    Your midterm exams
    Last year's midterm exams
    • Here are the actual midterm exams from the last time I taught this course.  I provide them to you with important disclaimers.  Please read and understand each one before accessing the old midterm exams.  
      • When preparing for your exams, do not rely too heavily on these old exams.  I don't always teach the course exactly the same way - the order and selection of topics may change, the way I present some of them may change, and the textbook may change.
      • The old final exam is not available.  Don't ask for it.
    • The answer key for each exam is at the end of the file.  
    • Exam 1 (the answer key is at the end of the file)
    • Exam 2
    • Answer key for Exam 2