授業の目的 【日本語】 Goals of the Course(JPN) | | |
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授業の目的 【英語】 Goals of the Course | | This course offers students a unique viewpoint and informed insight into the monetary policy process, the regulation and supervision of the financial system, and the internationalization of financial markets. The core economic principles and real-world examples organize students' thinking and keep them motivated. After completion of this course, students are well equipped to apply the financial models, terms, and equations to decisions that affect both their personal and professional lives. |
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到達目標 【日本語】 Objectives of the Course(JPN) | | On completion of the course, students will be able to do the following:
1. Demonstrate an understanding of the financial system and describe the role of regulatory bodies in regulating the capital markets.
2. Describe different theories and mechanism of how interest rates are determined and explain the relationship between the term to maturity, risk, and interest rates.
3. Analyze the types of equity and debt securities that companies can use to raise capital and how these securities can be listed and traded on the financial markets.
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授業の内容や構成 Course Content / Plan | | 1 An Overview of the Financial System
2 The Meaning of Interest Rates
3 The Behavior of Interest Rates
4 The Risk and Term Structure of Interest Rates
5 The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis
6 Banking and the Management of Financial Institutions
7 Financial Crises
8 Mid-term Exam
9 Central Banks and the Federal Reserve System
10 The Money Supply Process
11 Tools of Monetary Policy
12 The Conduct of Monetary Policy: Strategy and Tactics
13 The Foreign Exchange Market
14 The International Financial System
15 Final Exam
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履修条件・関連する科目 Course Prerequisites and Related Courses | | No preliminary study is required. |
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成績評価の方法と基準 Course Evaluation Method and Criteria | | Mid-term exam (20%) – on week 7
Final exam (30%) – on week 15
Assignment 1 (20%) – Due at the end of the 7th class
Assignment 2 (20%)– Due at the end of the 15th class
Participation (10%)
To receive a passing grade, students must be able to properly explain, understand the basic concepts related to capital markets. A passing grade is predicated on the ability to discuss capital markets theories and apply the skills using knowledge and concepts learned through the course. Assignment will be assessed according to the rubric distributed in the class. Grading between A+ and F will be based on the total marks of all evaluation methods. Students who absent for 5 classes without any genuine reason will be considered grade “absent”.
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教科書・参考書 Textbook/Reference Book | | Mishkin, F (2021). The Economics of Money, Banking, and Financial Markets, 13th Edition, Pearson
Materials such as slides and any reading material created by the instructor will be available on NUCT.
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課外学習等(授業時間外学習の指示) Study Load(Self-directed Learning Outside Course Hours) | | Students are required to read The Wall Street Journal. |
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注意事項 Notice for Students | | |
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授業開講形態等 Lecture format, etc. | | |
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遠隔授業(オンデマンド型)で行う場合の追加措置 Additional measures for remote class (on-demand class) | | |
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