Money Banking & Financial Markets II

Three credits · Undergraduate

The course introduces students to the role of imperfect information in financial markets. Topics covered include: asymmetric information and its consequences; the necessity of regulations of financial institutions and the role of domestic regulators and policy makers; comparative analysis of financial system regulations; financial market instabilities and the elements for the conduct of monetary policy. The course helps students understand the causes of financial instability and crises, and what policy makers can do to alleviate or avoid them. Prerequisite: ECON 335, ECON 202 is recommended. Three credits.