EC/FI 358 - Financial Markets and the Economy

The course covers the complexities of globalized money markets, including foreign exchange and Eurocurrency markets, while highlighting the significance of domestic market instruments in the context of monetary policy and economic stabilization.

The intricate world of capital markets is also explored, focusing on the financing needs of corporations and governments, the impact of innovative financial activities from junk bonds to more recent innovations in securitization, and the role of credit derivatives in recent financial crises. This detailed exploration gives students a rich understanding of financial markets and their fundamental role in shaping the economy.