Concluding Remarks

The topic of money, banking, and financial markets is an exciting field that directly affects your life—interest rates influence earnings on your savings and the payments on loans you may seek on a car or a house, and monetary policy may affect your job prospects and the prices of goods in the future. Your study of money, banking, and financial markets will introduce you to many of the controversies about the conduct of economic policy that are currently the subject of hot debate in the political arena and will help you gain a clearer understanding of economic phenomena you frequently hear about in the news media. The knowledge you gain will stay with you and benefit you long after the course is done.

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