Money and Banking (Fall 2009)
Introduction and
Overview of the Financial System
The Origin of
Money, Evolution of the Payments System, and E-Money
Interest
Rates, Bond and Equity Pricing, and Asset Portfolio Choice
Property
Market and the Macroeconomy
The Stock
Markets, The Theory of Rational Expectations, and the
Efficient Market Hypothesis
Should
the Fed React to the Stock Market
Asymmetric
Information and the Role of Financial Intermediaries
Banking
and the Management of Financial Institutions