FNCE 4430 Capital Markets

3 semester hours

This course studies the history and need for different financial markets and institutions. The course introduces students to the basics of financial markets and institutions. The key topics include the role of financial markets and institutions, the structure of the financial system, the history and role of the Federal Reserve, and the structure of various financial markets (equity, money, bond, mortgage). The financial institutions component studies the role that different institutions play within each financial market. A recurring theme throughout the course is the concept of information asymmetry, which we will apply to understand salient features of the financial landscape.

Prerequisite: FNCE 3410 .