Vai al contenuto principale Vai al footer
Università degli Studi di Parma Università degli Studi di Parma
University of Parma
Course catalogue
Università degli Studi di Parma
course catalogue

ECONOMICS OF FINANCIAL MARKETS
cod. 18710

Academic year 2007/08
1° year of course - First semester
Professor
Academic discipline
Economia politica (SECS-P/01)
Field
Discipline economiche
Type of training activity
Characterising
30 hours
of face-to-face activities
5 credits
hub:
course unit
in - - -
lectures timetable unavailable
exam calls
Print

Learning objectives

The aim of the course is to present the most recent theories and their relative applications to the financial markets and credit. Considerable emphasis is given to concrete examples taken from European business contexts.<br />

Prerequisites

<br />Macroeconomics, Monetary economics (Institutions), Basic mathematics, Statistics.

Course unit content

<br />The course covers a number of special issues regarding financial markets<br />- Market equilibrium of a financial activity and efficiency.<br />- Central bank statements and market expectations.<br />- Short- and long-term rates in the Euro-zone and the USA.<br />- Return of corporate bonds.<br />- Irregularity and inefficiency in financial markets.<br />- Heterogeneous investors, equilibrium and dynamics of prices.<br />- Credit, bank rates and rationing.<br />- The property market and credit.

Full programme

- - -

Bibliography

Essential bibliography for passing the examination:<br />Lecture notes on the Economics of Financial Markets, available from the photocopy office of the Faculty of Economics. The material is also available from the course web site (http://economia.unipr.it/docenti/prog.asp?id=82&id_corso=238), "Materiali Didattici" (Teaching materials) section at paragraphs "Dispense del corso" ("Course Lecture Notes") and "Lucidi e diapositive delle lezioni" ("Lecture Transparencies and Slides".<br />

Teaching methods

Assessment method<br />Oral test. The student is required to answer two questions out of 3. Facsimiles of questions can be found on the Internet site on the subject (http://economia.unipr.it/ docenti/prog.asp?id=82&id_corso=238) 'Materiali Didattici' ('Teaching Materials') section, then 'Esercizi e prove d'esame' ('Exercises and Examinations').

Assessment methods and criteria

- - -

Other information

- - -