Topics in Money and Finance

Research seminar for students who wish to pursue monetary and financial issues beyond the levels of Economics 150. A lengthy research paper is required, and active participation in class is expected. Topics covered include the level and structure of interest rates, structure of financial flows in the U.S., portfolio theory and decision making under uncertainty, and public policy issues insecurity markets. Prerequisites: Economics 11, 12, 13, (or Economics 14) and 150 or 151.