Description
The course provides an examination of macro-economic policies with attention paid to the role of money and capital markets in the formulation of fixed capital; attention to the factors that influence interest rates, yield curves, inflation and deflation. Within this context of understanding stable economic growth the money and fixed-income markets will be examined and students will be able to appreciate the characteristics of the different types of short-term and long-term fixed income securities; and the different investment strategies used in investing in these markets given different economic scenarios.
Prerequisite: BUS 0305.