International Financial Markets and Investments
This course is no longer being offered.
This course provides an introduction to the study of financial assets and international financial markets. Topics covered include the purpose and functioning of financial markets and institutions, valuation of financial assets, analysis of risk and return, and the recent financial crisis.
The course will address questions such as the following: What are the functions of financial markets? What is bought and sold in financial markets? How are these markets regulated? Are financial markets efficient? What are interest rates? What is their role in valuation? What do central banks do? What are the aims and the tools of monetary policy? How does the foreign exchange market work? What are financial crises? Why do they occur? There will be a particular emphasis on the causes and consequences of, and proposed solutions to, the most recent financial crisis.
Students will have an opportunity to further explore an area of particular interest by engaging in a group project. Students will be expected to research a topic in finance, present the issues to the class and then lead a discussion. This more in-depth study will augment the general knowledge provided in the normal classes and allow students to tailor their education more to their own interests.
By the end of the class, students will have an understanding of the basic principles of financial markets that will enable them to follow and interpret current events. They will have a broad knowledge of the instruments and structure that characterize financial markets, as well as some exposure to common principles in portfolio management.