Money and Capital Markets

Catalog description

Various financial markets including markets for money, bond, mortgage, stock, and derivatives will be covered. The student will gain a basic understanding of the role these markets play in every day economic activity. There will be considerable time learning the key economic concepts and financial institutions that play such an important role in financial markets. Emphasis will be placed on the key role of the Federal Reserve System and it\2019s monetary policy as well as commercial banks and how they are affected by the monetary policy. Nonbank financial institutions will also be examined, including Fannie Mae and Freddie Mac. Prerequisites: ECON200 and ECON201 Williams College of Business Economics