GFIN 5001 -

Institution:

The New School

Subject:

Description:

International Financial Markets: Strategies and Theory The theory part of the course will discuss the role of uncertainty in financial decisions, arbitrage theories of pricing, theories for complete and incomplete markets, CAPM and beta type academic models, and static and dynamic portfolio theory, the arbitrage-free pricing models of Arrow-Debreu securities and extensions, intertemporal asset pricing theory using Euler and Bellman equations. In the strategy portion of the course basic principles of international finance are discussed, such as balance sheets (aggregate balance sheets, household balance sheet, government balance sheet, equity and debt of firms, foreigners vs. domestic assets, major asset classes), theory and empirics of exchange rates, macro factors and exchange rates, and international portfolio theory.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.newschool.edu

Phone Number:

(212) 229-5600

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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