Global Money and Capital Markets

Catalog description

This course describes how global financial markets and institutions function. Students learn about various asset classes, including international currencies, stocks, bonds, derivatives, commodities, and cryptocurrencies. Global capital flows, risks, and regulations are discussed. Included among the topics are operations of global financial institutions such as depositary banks, broker-dealers, insurance companies, hedge funds, pension funds, credit agencies, central clearing counterparties (CCPs), and financial regulators such as the Bank for International Settlement (BIS), Central banks, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC). Students analyze diverse macroeconomic and financial data using Python and other software.