ECGE1115 - Introduction to financial markets
Teaching assistants :
Mode of delivery :
Face-to-face , second term, 30 hours of theory and 15 hours of exercises.
Thursday from 08:30 to 10:30 at 109 Marais 300
Language of instruction :
Learning outcomes :
This course provides a concise overview of the role and the institutional structure of the financial markets and institutions. Students learn the basic terminology of the financial world so they can easily understand financial economic reports. In order to encourage students to follow the financial press, they will be asked to link newspaper articles to various parts of the course. The main objective of the course is to enable students to understand and use introductory concepts such as the time value of money, the term structure of interest rates, pricing of financial instruments and the risk-return trade off.
Course contents :
Planned learning activities and teaching methods :
A) The lecture
During the lectures the theoretical concepts will be explained. Students will be encouraged to participate to class, answering to questions that will be raised.
B) TA sessions
Students will have the opportunity to solve problems under the guidance of an assistant. Students are encouraged to review the lecture before attending exercise classes.
Assessment methods and criteria :
During a two-hour written exam the knowledge of the theoretical concepts - presented during the lectures - as well as the ability of the student to solve problems related to those covered during the exercise sessions will be evaluated. It should be noted that for this course students are expected to follow the financial news. All documents (newspaper articles e.g.) that are mentioned in class will also be part of the exam material. The exam may be organized online depending on the evolution of the Coronavirus pandemic.
Recommended or required reading :
Reference book: The Economics of Money, Banking and Financial Markets (11th Edition) (The Pearson Series in Economics) - Frederic S. Mishkin
Other information :
On the university's electronic platform the following additional information will be offered:
- a copy of the slides used in class
- the exercises that will be solved during the exercise classes. Additional exercises will be added (partially with solutions).