Faculty & Staff

Department of Economics
University of Maryland
College Park, MD 20742

Graduate Program:
301-405-3544

Undergraduate Program:
301-405-8367

ECON 435: Financial Markets and the Macroeconomy

Financial economics is a broad field and this class is designed to give students exposure to many elements of this subject. We will examine the different types of financial assets, how to calculate and compare their returns, the markets in which they trade, the optimal way to combine them, and the determination of their prices. We will also discuss several fundamental financial concepts, such as the relationship between risk and return, the principal-agent problem in financial markets, and the Efficient Markets Hypothesis. Emphasis will be placed on the real world applications of the material presented in class, as the knowledge obtained will be helpful beyond the course itself. The aim is to provide tools that will help students make more informed financial decisions, in both professional and personal contexts.

Fall 2014

Section Instructor
0101 Choi, Joonkyu