LFU:online

Offered each semester. Prerequisite: ECON 1203 (Principles of Microeconomics), 1204 (Principles of Macroeconomics), or 2200. A survey of money, commercial banking, financial institutions, the Federal Reserve System, and the formulation and execution of monetary and economic stabilization policy.

To deliver knowledge and understanding to students on the following topics: How economies work at the macroeconomic level, financial markets, systems, institutions, and instruments, money, money markets, monetary and fiscal policies, interest rates, risk and term-structure of interest rates, implications of economic conditions and policies.

The University of New Orleans International Summer School program has a mandatory class attendance policy. All students are required to attend class for all morning classes and any required afternoon and/or weekend fields trips and lectures. No unexcused absences are allowed. However, LFU students who have to miss a UNO class due to LFU examinations in the first two weeks of our program, can receive one excused absence for this. Any further unexcused absences will result in an academic penalty. Each faculty member determines the penalty for missed classes. Most professors deduct a letter grade for each additional missed class day. For details, please refer to your course syllabi, which will be distributed on the first day of class. The listed ECTS credits are a recommendation by the University of New Orleans Innsbruck Summer School, based on contact hours, anticipated out-of-classroom requirements such as field trips, and projected workload for readings, assignments, and exam preparation. Mail: Center-New-Orleans@uibk.ac.at