Finance 306: International Finance and Macroeconomics (MBA)

Course Description: This course provides an introduction to the global economy. We will cover a number of important topics for firms, investors, and policymakers: global capital flows, international financial markets, the role of the US and US dollar in the international monetary system, the history and future of global reserve currencies (including perspectives on stablecoins), exchange rates (floating, fixed, and monetary unions), financial crises, international financial policy (capital controls, bank regulation, FX intervention), currency wars, tax havens and global wealth dynamics, global trade, and trade wars. Emphasis will be on data-driven approaches. An MBA class designed for those looking to understand today's global economic issues.

Finance 620: Financial Markets I (Asset Pricing, PhD)

Course Description: This course is an introductory PhD-level course in financial economics, with a focus on asset pricing theory. We will begin with individual choice under uncertainty, then move on to topics including portfolio choice models, general equilibrium theory and welfare, the stochastic discount factor methodology, no-arbitrage pricing, consumption-based asset pricing, and present value relations. We will also address empirical puzzles relating to asset markets, and explore how different models that have been developed try to explain them. Additional topics include bonds, term structure models, exchange rates, market microstructure, and an introduction to international finance models.