Financial Markets Insts

3 Credits · Level: Graduate, Undergraduate

ECON 5807 provides a comprehensive overview of U.S. financial markets and institutions. Money markets, capital markets including debt and equity markets, foreign exchange markets, and derivative markets, such as futures markets, are covered in detail. Commercial banks, thrift institutions, investment firms and securities dealers, life and other insurance companies, and pension funds are discussed. More esoteric markets and institutions, such as certain types of brokers, clearing houses, and clearing banks are also reviewed. Aspects of financial regulation are covered. Discussion of current issues in financial markets, institutions, and regulation is an important aspect of the course.