The seminar introduces students to the theory, structure and evolution of financial markets with special emphasis on the financial system of the U.S. In the light of the current events it aims to ... Lesen Sie weiter
The seminar introduces students to the theory, structure and evolution of financial markets with special emphasis on the financial system of the U.S. In the light of the current events it aims to provide a toolkit for further analysis and reflection on the role and functioning of financial intermediaries and markets.
In the first part of the course we lay out a basic analytical fundament on the rational of finance and investment decisions. This includes an overview of the financial system. It gives an introduction to the theory of interest and investment decision, portfolio theory and asset pricing.
The second part focuses on the evolution of financial markets in the U.S. and the role of financial intermediaries during the 20th and beginning of 21st century. It further aims to analyse the boom and bust cycles of Wall Street, also taking a look at the causes and effects of the current financial crisis.
A solid mathematical and statistical background is sufficient. A detailed schedule and a list of required reading will be provided via Blackboard. Coursework includes a final exam/presentation and work on problem sets. Information and enrollment management is conducted via Blackboard. Schließen