Economics 355:
Financial Markets and Institutions
Fall 2009
| Professor: Mahmoud A. El-Gamal | Textbook: Mishkin, Frederic S. with Stanley G. Eakins, |
| TA:
Xuan Huan |
Financial Markets and Institutions, 6th ed., AWL, 2008 |
| Classes: T TH 10:50-12:05, classroom HZ 210 |
Office Hours: T TH 1-2, BB 266 |
|
|
Tue | Thu |
(Tentative)
Syllabus |
Textbook Readings |
| August |
25 |
27 | Introduction + overview + interest rates | Chapters 1-3 |
| September | 1 | 3 | Interest rates + their risk + their term structure | Chapters 4-5 |
| 8 | 10 | term structure cont'd. + efficient markets | Chapters 5-6 | |
| |
15 | 17 | Central Banking + Monetary Policy | Chapters 7-8 |
| 22 | Review Chapters 1-8 | Chapters 1-8 | ||
| 24 | First mid-term examination | Chapters 1-8 | ||
| Sept/October | 29 | 1 | Recap + Money + Bond + Stock Markets | Chapters 9-11 |
| 6 | 8 | Mortgages + Foreign Exchange Markets | Chapters 12-13 | |
| |
13 | 15 |
Midterm recess + Foreign Exchange Markets |
Chapter 13 |
| 20 | 22 | International
System + Review
Chapters 9-14 |
Chapter
14 |
|
| 27 | 29 |
Second mid-term
examination + Institutions |
Chapters 9-14 | |
| November | 3 | 5 | Incentives
+ Banks & Savings Institutios |
Chapters 15-17 |
| 10 | 12 | Out of town + Regulation | Chapters 18-20 | |
| 17 | 19 | Mutual Funds + Insurance Companies + Investment Banks | Chapters 21-23 | |
| 24 | 26 | Risk Management + Derivatives + Thanksgiving | Chapters 24-25 | |
| December | 1 | 3 | More on M&A, Private Equity +
Review |
Chapters 1-25 |
| December 10, 9:00-noon, KH100 |
Final Examination, December 10, 9:00-noon, KH100 | Chapters 1-25 | ||
|
Grading: |
|
| Weekly Homeworks | 20 % |
| Attendance + Participation | 10 % |
| First Midterm | 20 % |
| Second Midterm | 20 % |
| Final Exam | 30 % |