Financial Markets and Instruments

Financial markets have been changing as boundaries between the traditional industry disappear and competition becomes increasingly global. It is important to understand the incentives and risks faced by investors and savers interacting through financial markets and the strategies that can be adopted. This course examines the key concepts of financial markets and instruments as well as their operation. The course also introduces analytical techniques and practical tools to use each instrument for economic management. Topics covered include the roles and determinants of interest rates, fixed income securities markets, equity markets, foreign exchange markets, financial regulation, and options markets.