金融市場

臺北科技大學 114-2 學期課程，課號 355327。

課程大綱

A well-functioning financial system is a basic necessity for a well-functioning economy. The critical importance of the financial system leads society to both support the growth of the system and to protect and control the system through legislation and regulation. The course gives the introduction to financial markets. The main topics of the course are portfolio selection, equilibrium asset pricing, arbitrage, fixed income securities, and derivatives. Students should understand the many trade-offs involved in balancing those objectives. In addition, this course also introduces the international financial markets (i.e. money market, bond market, stock market, mortgage market, foreign exchange market, investment banks, commercial banks…etc). The objectives of this course are to develop a fundamental understanding of (i) how financial markets work; (ii) how financial systems affect people and daily life.

課程進度

Week Course Content and Schedule 01 Introduction 02 Determinants of Interest Rates (Part 1.) 03 Determinants of Interest Rates (Part 2.) 04 Interest Rates and Security Valuation (Part 1.) 05 Interest Rates and Security Valuation (Part 2.) 06 The Federal Reserve System, Monetary Policy, and Interest Rates 07 Money Markets (Part 1.) 08 Money Markets (Part 2.) 09 Mid-term Exam 10 Bond Markets (Part 1.) 11 Bond Markets (Part 2.) 12 Mortgage Markets 13 Stock Markets (Part 1.) 14 Stock Markets (Part 2.) 15 Foreign Exchange Markets (Part 1.) 16 Foreign Exchange Markets (Part 2.) 17 Derivative Securities Markets 18 Final Exam

評量方式

Your grade will be determined by three components: Class Participation and Homework Assignments 40% Mid-term Exam 30% Final Exam 30%

教材

【遵守智慧財產權觀念，請使用正版教科書，不得使用非法影印教科書】 使用外文原文書：是 Text Book Financial Markets and Institutions 8th Edition (International Edition, 2021) Author: Anthony Saunders (Author), Marcia Cornett (Author), Otgo Erhemjamts Recommended Reading: The Economist, a weekly international news magazine.