DSST Money and Banking Prep

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💰

$85

Exam Cost

⏱️

120 min

Time

🎓

Credits

✅

~400/500

Passing

What You'll Study

Unit 1: Money and the Financial System

functions of moneymoney supply (M1/M2)financial intermediariesinterest ratesbond marketsstock markets

Unit 2: Banking Institutions

commercial banksinvestment bankscredit unionssavings institutionsdeposit insurance (FDIC)bank regulation

Unit 3: The Federal Reserve System

Fed structureBoard of GovernorsFOMCreserve requirementsdiscount ratebank supervision

Unit 4: Monetary Policy

open market operationsfederal funds ratequantitative easingexpansionary policycontractionary policymoney multiplier

Unit 5: International Finance

exchange ratesbalance of paymentscurrency marketsinternational monetary systemtrade deficitspurchasing power parity

Free Study Resources

- Federal Reserve Education (federalreserveeducation.org): Free Fed educational resources - Khan Academy Macroeconomics (khanacademy.org): Money, banking, and monetary policy - OpenStax Principles of Macroeconomics (openstax.org/books/principles-macroeconomics-3e): Free textbook

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