ECON 106M
Financial Markets and Financial Institutions
Description: Lecture, three hours; discussion, one hour. Requisites: courses 11, 101, 102. Enforced corequisite: course 106ML. Application of analytical tools of economics and finance to real-world problems in financial markets to link models students have learned in prior courses to patterns observed in financial markets and to understand when it is that further theoretical refinements are required to better account for certain observed patterns. Development of understanding of potential effects of monetary and regulatory policies on financial markets. Topics include bond market, stock market, foreign exchange market, financial crises, and financial regulation. Analysis and discussion of lessons of subprime crisis and European sovereign debt crisis. P/NP or letter grading.
Units: 4.0
Units: 4.0
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Most Helpful Review
Spring 2021 - Professor Williams presents interesting and real-world relevant financial market topics in an engaging and effective manner--particularly so for an online environment. Personally, I was amazed by how much my understanding of options and puts improved after the first few lectures on these topics, which seemed like a daunting foreign language at the onset. I also enjoyed being able to apply previously acquired accounting and macroeconomic course material to this course. The course is efficiently structured, with two exams and a term paper that allows students to delve into a financial topic of particular interest--with all the room for creative exploration and research. Professor Williams provides optional practise problems in order to help students strengthen their understanding of lecture material, and teaches students quite-necessary Excel skills along the way. The exams are fair and reflective of course topics as stated on the syllabus. The textbook is quite helpful--the chapter readings complement lectures. Overall, this engaging course is exceptionally taught and wonderfully structured by a highly knowledgeable and practised instructor who genuinely prioritises student learning and interest.
Spring 2021 - Professor Williams presents interesting and real-world relevant financial market topics in an engaging and effective manner--particularly so for an online environment. Personally, I was amazed by how much my understanding of options and puts improved after the first few lectures on these topics, which seemed like a daunting foreign language at the onset. I also enjoyed being able to apply previously acquired accounting and macroeconomic course material to this course. The course is efficiently structured, with two exams and a term paper that allows students to delve into a financial topic of particular interest--with all the room for creative exploration and research. Professor Williams provides optional practise problems in order to help students strengthen their understanding of lecture material, and teaches students quite-necessary Excel skills along the way. The exams are fair and reflective of course topics as stated on the syllabus. The textbook is quite helpful--the chapter readings complement lectures. Overall, this engaging course is exceptionally taught and wonderfully structured by a highly knowledgeable and practised instructor who genuinely prioritises student learning and interest.