Economics 255:
Financial Markets and Institutions
Spring 2011
| Professor: Mahmoud A. El-Gamal | Textbook: Mishkin, Frederic S. with Stanley G. Eakins, |
| TA:
Xuan Huan, Minyan Zhu |
Financial Markets and Institutions, 6th ed., AWL, 2008 |
| Classes: T
TH
13:00-14:15,
classroom:
ABL 131 |
Office Hours: T TH 14:30-15:30, BB 266 |
|
|
Tue | Thu |
(Tentative)
Syllabus |
Textbook Readings |
| January |
11 |
13 | Introduction + overview + interest rates | Chs 1-3 |
| |
18 | 20 | Interest rates + their risk + their term structure | Chs 4-5 |
| 25 | 27 | term structure cont'd. + efficient markets | Chs 5-6 | |
| February |
1 | 3 | Central Banking + Monetary Policy | Chs 7-8 |
| 8 | 10 | Review of
Chapters 1-8 + Midterm I |
Chs 1-8 | |
| 15 | 17 | Money + Bond + Stock Markets | Chs 9-11 | |
| 22 | 24 | Mortgage + ForEx Markets | Chs 12-13 | |
| March | 1 | 3 |
Spring Break |
|
| 8 | 10 |
International
System
+ Institutions, Conflicts of
Interest |
Chs 14-16 | |
| 15 |
17 |
Review of Chapters 9-16 + video |
Chs 9-16 | |
| 22 | 24 | Midterm II + Midterm Recess | Chs 9-16 | |
| 29 | 31 | Banking + Bank Regulation | Chs 17-20 |
|
| April | 5 | 7 | Mutual Funds + Insurance Companies + Investment Banks | Chs 21-23 |
| 12 | 14 | Review of
Chapters
17-23 + Midterm III |
Chs 17-23 |
|
| 19 | 21 | Risk
Management
+ Derivatives |
Chs 24-25 | |
| |
Final
Examination (optional), Sunday,
May 1 HRZ AMP, 2:00-5:00 p.m. |
|
||
|
Grading: |
|
| Weekly Homeworks | 10 % |
| First Midterm | 30 % |
| Second Midterm | 30 % |
| Third Midterm | 30 % |
| Final Exam
(optional,
comprehensive) |
30 % (sub) |