LECO
3155

The Evolution of Money; From Commodity to Crypto

Eugene Lang College Lib Arts: Economics

Liberal Arts
Undergraduate Course
Degree Students
Commodity to Crypto
Spring 2024
Taught By: Jan Hendricks
Section: A

CRN: 11156

Credits: 4

This course examines the workings of the international monetary system and its relation to the macroeconomy, it aims to provide students with the historic accounts and theoretical frameworks that will allow them to better understand money, currency systems and monetary policy. The first part will provide a historical account of money and currency systems, from commodities to digital forms, and will look broadly at what serves as money and credit and the formation of the public and private institutions that regulate and operate those markets. The second part will provide a theoretical overview of the different monetary schools and their treatment of money; money as a concept, how it's created, and where it derives its value from, will be discussed at length. The last part of the course will cover policy debates and open economy macroeconomics, here the focus will be on balance of payment, exchange rate dynamics, dollarization and the digitalization of money in an open world economy. Intermediate Macroeconomics is a prerequisite for this course. This course is only open to sophomores, juniors, and seniors.

College: Eugene Lang College Lib Arts (LC)

Department: Economics (ECO)

Campus: New York City (GV)

Course Format: Seminar (R)

Modality: In-Person

Max Enrollment: 18

Add/Drop Deadline: February 4, 2024 (Sunday)

Online Withdrawal Deadline: April 16, 2024 (Tuesday)

Seats Available: Yes

Status: Closed*

* Status information is updated every few minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 7:28pm EDT 6/21/2024

Meeting Info:
Days: Monday, Wednesday
Times: 2:00pm - 3:40pm
Building: 6 East 16th Street
Room: 1102
Date Range: 1/22/2024 - 5/13/2024