ECO 238 - Financial Markets, Institutions & Policy

This course explores the central role of financial markets, and financial institutions and policies in our economy. It considers topics such as the term and risk structures of interest rates, bond and stock markets, the efficient markets hypothesis and behavioral finance, and the importance of imperfect information in the regulatory framework. The analyses of these concepts inform us about the lessons from the global financial crisis and the financial sector’s response to the Covid-19 pandemic. A study of the Federal Reserve, its policy practices, and its evolving portfolio of responsibilities at the intersection of policy and politics enhances understanding of significant contemporary of issues.

Satisfies an Economics major and minor requirement
Satisfies Social and Scientific Thought requirement.

Prerequisites & Notes
ECO 101