Financial Markets and Institutions

Topics will include: an overview of financial market pricing of debt, equity, and foreign exchange and their interrelationships to each other and to the projected economic performance. The course develops frameworks to understand the contemporaneous risks the market is pricing such as from an economic downturn, inflation/deflation, country risk and price interventions by governments in financial markets. We examine how the global market came about and how it has affected financial pricing. Other topics include financial market policy-making; regulation in financial markets; how debt securities are created and traded; how equity securities are created and traded; primary and secondary market operations; seasoned versus unseasoned security offerings; investment banking and the functions of brokers, dealers and intermediaries. Exams: Mid term and Final Essays Questions

Class Details

Meeting Days Time Location
Tuesday, Thursday 12:30 - 2:00 pm UTC 1.104

Examination information not available

Additional Information

Course Type

Faculty

Spellman, Lewis J Spellman, Lewis J