DSST* Study Guide

Money and Banking

The only study guide that teaches you what you need to know to pass the Money and Banking exam (with no prior knowledge needed), and is constantly updated based on student feedback to guarantee you the best possible results.

About the DSST* Exam

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 this Exam

289 users submitted test results since October, 2008.
258 of those users reported a passing score (89%).

Below are ten of the most recent user-submitted test results. These are unfiltered, real results that were submitted by InstantCert students:

Date of ExamResultScore
Sep 29, 2023failed250
Jul 20, 2023passed468
Mar 3, 2023passed447
Oct 7, 2022passed441
Feb 7, 2022passed463
Dec 14, 2021passed473
Sep 8, 2021passed422
Aug 11, 2021passed427
Jul 30, 2021passed437
Jul 29, 2021passed429
Live, unfiltered results posted by InstantCert students

Practice Tests Now Available!

In addition to our flashcard-based study guides, we now also offer full-length practice tests for this subject. Click here to see more details on our Money and Banking DSST Practice Tests.

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Our Study Guide:

- 275 flashcards with detailed explanations.
- Updated "Insider" tips from other students.
- NO prior knowledge required.
- 100% online. Start studying instantly.

DSST Practice Tests

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