Course Overview

The Money and Banking DSST exam covers the material that would typically be taught in an upper-level undergraduate course on the United States financial system. InstantCert's course for this subject will help you to gain a solid understanding of the role of money in our economy and how it is manipulated and influenced by the activity of banks and other financial institutions and the U.S. government. Note that this is considered to be a difficult upper-level exam; having taken Principles of Macroeconomics would be very helpful in grasping the finer details of this subject.

Topics Covered in This Course

The Role and Kinds of Money

Alternative definitions of money
Money and other assets

Commercial Banks and Other Financial Intermediaries

Deposit deregulation
Structure of the banking industry
Operation and management of financial markets and intermediaries
Deposit insurance

Central Banking and the Federal Reserve System

Structure and organization
Historical framework
Current monetary management

Money and Macroeconomic Activity

Basic classical and Keynesian economics
Monetarism and rational expectations
Money and inflation

Monetary Policy in the United States

Conducting monetary policy
Targeting of monetary aggregates vs. interest rates
Policy effectiveness
Monetary vs. fiscal policy

The International Monetary System

Customer Test Results for the Money and Banking Dantes

92 users submitted test results since January, 2009
79 of those users reported a passing score (86%)


The following are a sample of the test results submitted by members who’ve taken the Money and Banking DSST exam after using InstantCert’s study program. These are unfiltered, unedited results and this list is automatically updated to show the ten most recent results:

January 19, 2012 User  failed with a score of 42 out of 80
December 21, 2011 User  passed with a score of 57 out of 80
December 17, 2011 User  passed with a score of 58 out of 80
December 15, 2011 User  passed with a score of 59 out of 80
December 10, 2011 User  passed with a score of 49 out of 80
November 22, 2011 User  failed with a score of 28 out of 80
November 13, 2011 User  passed with a score of 55 out of 80
October 19, 2011 User  passed with a score of 57 out of 80
October 13, 2011 User  passed with a score of 48 out of 80
October 10, 2011 User  passed with a score of 50 out of 80

Free Sample Questions For The Money and Banking DSST

Get a taste of the InstantCert study experience with five actual flashcards pulled from our database. Remember, you're not expected to know anything about the subject beforehand. Just read the question, think about what the answer might be (typing it is optional), and then click "Continue" when you're ready to see the answer and explanation.

Question 1 of 5

Money is anything that functions as a medium of exchange, store of value, unit of account and standard of __________ payment.


Your Answer:  

Related Exams with Overlapping Subject Matter

If possible, you should take the economics courses before Money and Banking. Having taken at least the Principles of Macroeconomics CLEP will make the Money and Banking exam a lot easier for you.