Khf Corp Case

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University of Colorado at Colorado Springs College of Business and Administration FNCE 4500: Money and Banking Professor Fred Crowley Office: Dwire Hall 233 Class Dwire 101 255-3531 fcrowley@uccs.edu Class time: Monday, 4:45PM-7:20PM Office Hours by Appointment. Please read the syllabus carefully. The outline is also on BlackBoard Course Introduction Everyone recognizes that the Federal Reserve Bank plays a key role in promoting and maintaining the health of the U.S. economy. The financial press devotes untold pages to speculating about what the Fed will do next. Will they raise interest rates? Will they lower interest rates? Will they leave rates unchanged? And why do these pronouncements have such a profound effect on financial markets and the psychology that governs these markets? This course provides a detailed understanding of the economic models that underlie the Federal Reserve Bank's financial strategies and the Fed's role (both authorized and unauthorized) in promoting the health of the U.S. economy. By the end of the course, you will have an understanding of how money is created and used through the banking system to create wealth in our economy. The academic aspect of the course involves reading and working homework problems from M&B2 by Dean Croushore. Dean Croushore is Professor of Economics and Rigsby Fellow at the University of Richmond. Previously, he was at the Federal Reserve Bank of Philadelphia for 14 years, where he was Vice President and Economist. He is an accomplished academic and market professional. Among his other publications is Macroeconomics, 7th edition (co-authored with Andrew B. Abel and Ben S. Bernanke. . Things you will learn from the academic aspect of this course include: What is "money," and what role does money play in the growth of an economy? What is the relationship between the growth rate of the money supply and
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