Spring 2027

Money and Banking

Money and Banking covers monetary economics, including the role of money in determining output, prices, and interest rates, as well as commercial/central banking, monetary policy, and the international monetary system.

no offering record for this termCredits unavailable
Recorded instructors · Spring 2027 No instructors listed

Summary

1 / 8

Past student reviews · Steve Rick

Most learning came from reading the book and attending discussion, as lectures often repeated the text but included unannounced 'gotcha' questions not in the book.

What you’ll be able to do

  • Explain the functions and roles of money in the modern macroeconomy.

  • Track the development of the Federal Reserve from its creation in the 1910s to its current position as the dominant central bank with control over the world’s reserve currency.

  • Evaluate the various tools of monetary policy and their impacts on inflation and unemployment in both the short run and long run.

  • Describe the role of regulatory agencies in financial markets as they work towards an appropriately capitalized banking system.

  • Define basic financial derivatives, leverage, and duration analysis and discuss their role in increasingly complex and interdependent securities markets.

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
C
D
F

All recorded terms · compare terms & instructors

Prerequisites

Course map

(ECON 101 and 102) or ECON 111

ECON 330 used by

“Used by” includes alternatives; linked courses may have other requirements. This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027

No instructors recorded for this selection.

Historical instructors & teaching patterns

DAVID JOHNSON is recorded teaching in Spring 2022, Fall 2025. Recorded history may be incomplete and does not establish a future schedule.

MENZIE CHINN is recorded teaching in Fall 2006. Recorded history may be incomplete and does not establish a future schedule.

STEVEN RICK is recorded teaching in Spring 2007, Fall 2007, Spring 2008, Fall 2008, Spring 2009, Fall 2009, Spring 2010, Fall 2010, Spring 2011, Fall 2011, Spring 2012, Fall 2012, Spring 2013, Fall 2013, Spring 2014, Fall 2014, Spring 2015, Fall 2015, Spring 2016, Fall 2016, Spring 2017, Fall 2017, Spring 2018, Fall 2018, Spring 2019, Fall 2019, Spring 2020, Fall 2020, Fall 2021, Fall 2022, Spring 2023, Fall 2023, Spring 2024, Fall 2024, Spring 2025. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections.

Meeting source records
Download part 1

Student experience

the class

Past student reviews · David Johnson

Students described the course as a great experience where lectures were informative and engaging, using real-world examples to make economic concepts practical.

Recent recorded grades — Fall 2024: 3.12 GPA, 47.6% A/AB (n=84 letter grades); Spring 2025: 3.17 GPA, 47.6% A/AB (n=84 letter grades); Fall 2025: 3.28 GPA, 54.5% A/AB (n=132 letter grades).

difficulty & workload

Past student reviews · Steve Rick

Most learning came from reading the book and attending discussion, as lectures often repeated the text but included unannounced 'gotcha' questions not in the book.

Past student reviews · David Johnson

One student appreciated that the professor talked for hours in office hours and genuinely cared about student success, making them want to take another class with him.

Topics

  • Role of money in determining output, prices, and interest rates
  • Commercial and central banking
  • Monetary policy
  • International monetary system
  • Financial derivatives, leverage, and duration analysis

Skills

  • Explain money's role in macroeconomy and evaluate monetary policy impacts on inflation and unemployment.
  • Trace the historical development and current global role of the Federal Reserve.
  • Describe regulatory agency roles in maintaining a capitalized banking system.
  • Define financial derivatives, leverage, and duration analysis in securities markets.

Grades

Historical instructor

Spring 2027 · Projected

Before grades are released

– average GPA

Approximate 80% prediction interval

About this estimate

The course’s semester-average GPA, not an individual student’s grade. The center uses 4 same-season terms, weighted toward recent results.

The range uses the finite-sample 80th-percentile rank of absolute errors from earlier same-season forecasts. Each forecast uses only records from earlier terms. At least four forecasts are required; bounds are rounded outward and limited to 0–4. This is an empirical estimate: changing instructors or grading policies can reduce its coverage.

8 earlier forecasts · 0.23 GPA average error.

Grades over time

Through Spring 2027

More grade details Grade mix, volume & source data

Where this course fits relative to

Latest available grades · Fall 2025 · all course levels

GPA

Higher than % of other courses in this group.

Course GPAs · red marks this course’s range

letter grades

More recorded grades than % of other courses in this group.

Typical course in this group: letter grades.

About this comparison

1316 courses over the same term, each with at least 30 recorded letter grades. Cross-listed courses count once. GPA is not a measure of difficulty or teaching quality. The typical course is the median by recorded grade count; tied values are not counted as lower. Grade counts describe course scale, not unique students or typical section size.

Descriptions compare GPA with this group’s average: at least 0.20 higher or lower; otherwise close to average. Section size uses median recorded enrollment: small up to 30, mid-sized 31–99, large 100+. Lectures and discussion/lab sections are described separately.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

Download part 1
Selected offering source records

No offering records for the selected term.

Raw records 
[]
Rate My Professors

Student reviews

Original comments behind the course and instructor summaries.

Read original reviews
Download part 1
Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Dataset & model

Recorded 2026-10-14

View the dataset on Hugging Face
Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Download part 1
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Download part 1
Model & dataset provenance 
{
  "model": "Qwen/Qwen3.8-27B",
  "model_revision": "1d4bf0f2ff6012fd82039f2fa52739d0dd7c60c0",
  "task_version": "17",
  "output_id": "aba5446fc8edd544703b1505da92458f7d5e770316abf16cfdc60e84311fb271",
  "requirements_status": "valid",
  "dataset_revision": "fc1811fa52e581ea57a35c0cf3343f8740a8ffbf",
  "observed_at": "2026-10-14 17:50:09.728220+00:00"
}