Financial Markets is an online course by Yale with a look into how our financial institutions function. The course is broken down into the following sections:
Syllabus: Course syllabus.
Class sessions:
- 1. Finance and Insurance as Powerful Forces in Our Economy and Society
- 2. The Universal Principle of Risk Management: Pooling and the Hedging of Risks
- 3. Technology and Invention in Finance
- 4. Portfolio Diversification and Supporting Financial Institutions (CAPM Model)
- 5. Insurance: The Archetypal Risk Management Institution
- 6. Efficient Markets vs. Excess Volatility
- 7. Behavioral Finance: The Role of Psychology
- 8. Human Foibles, Fraud, Manipulation, and Regulation
- 9. Guest Lecture by David Swensen
- 10. Debt Markets: Term Structure
- Midterm Exam 1
- 11. Stocks
- 12. Real Estate Finance and Its Vulnerability to Crisis
- 13. Banking: Successes and Failures
- 14. Guest Lecture by Andrew Redleaf
- 15. Guest Lecture by Carl Icahn
- 16. The Evolution and Perfection of Monetary Policy
- Midterm Exam 2
- 17. Investment Banking and Secondary Markets
- 18. Professional Money Managers and Their Influence
- 19. Brokerage, ECNs, etc.
- 20. Guest Lecture by Stephen Schwarzman
- 21. Forwards and Futures
- 22. Stock Index, Oil and Other Futures Markets
- 23. Options Markets
- 24. Making It Work for Real People: The Democratization of Finance
- 25. Learning from and Responding to Financial Crisis, Part I (Guest Lecture by Lawrence Summers)
- 26. Learning from and Responding to Financial Crisis, Part II (Guest Lecture by Lawrence Summers)
- Final Exam
The course is available under this Creative Commons License can be accessed directly here: Financial Markets
