Beginners | Intermediate | Advanced
Financial Markets and Institutions
Financial Markets and Institutions
Beginners | Expert
The course examines the financial system. It helps to have a basic understanding of the banking system. The other covered topics include, assets supply and demand, interest rate determination, stock and bond markets, exchange rates, the money creation process, the relationship between money, inflation, and monetary policy. Although the module is about financial systems in general, there will be reference to contemporary financial crisis and to their historical antecedents. The course links the fields of macroeconomics and finance. It also focuses on understanding monetary policy, fiscal policy and their impact on the money supply, interest rate, aggregate demand, and the financial system.
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