Lecture Details :
Financial Theory (ECON 251)
Building on the general equilibrium setup solved in the last week, this lecture looks in depth at the relationships between productivity, patience, prices, allocations, and nominal and real interest rates. The solutions to three of Fisher's famous examples are given: What happens to interest rates when people become more or less patient? What happens when they expect to receive windfall riches sometime in the future? And, what happens when wealth in an economy is redistributed from the poor to the rich?
Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses
This course was recorded in Fall 2009.
Course Description :
This course attempts to explain the role and the importance of the financial system in the global economy. Rather than separating off the financial world from the rest of the economy, financial equilibrium is studied as an extension of economic equilibrium. The course also gives a picture of the kind of thinking and analysis done by hedge funds.
Other Resources :
Other Economics Courses
- Financial Markets by Yale
- Environmental Economics and Policy,Fall 2011 by UC Berkeley
- ECON 113 - Mathematical Economics by UC San Diego
- Behavioral Finance by Other
- Erskine Seminars in Economics by University of Canterbury
- Psychology and Economics,Fall 2011 by UC Berkeley
- International Trade,Fall 2010 by UC Berkeley
- Intermediate Macroeconomic Theory by UC Berkeley
- Current Economics by Khan Academy
- Introduction to Econometrics by University of Oregon
» check out the complete list of Economics lectures