Financial Markets and Institutions

1.5 units

The Financial Crises of 2007-2009 and 2020 have highlighted the crucial role of financial markets and institutions in maintaining the health of our economy. This course explores the roles of banks and shadow banks in channeling funds from lenders to borrowers, the impact of asymmetric information, the dynamics of financial crises, and the role of central banks in conducting monetary policy and promoting financial stability. The course combines theory and practice. Students may not earn credit in both FIN 5270 and FIN 6270.