ECON 411 - Monetary and Financial Theory
Winter 2014, Section 001
Instruction Mode: Section 001 is (see other Sections below)
Subject: Economics (ECON)
Department: LSA Economics
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Requirements & Distribution:
Waitlist Capacity:
Enforced Prerequisites:
ECON 402 with a grade of at least C-; or Graduate standing.
Advisory Prerequisites:
ECON 404 or 405.
May not be repeated for credit.
Rackham Information:
Rackham credit requires additional work.
Primary Instructor:


ECON 411 "Monetary and Financial Theory" is an advanced undergraduate course in finance from a macroeconomic perspective. Advanced means that in difficulty the course will fall in the gap that often exists between undergraduate courses and Ph.D. courses, and that you are much more likely to enjoy this course if you enjoyed ECON401 (Intermediate Microeconomics). It also means that the course is highly recommended for students in the Masters of Applied Economics program. From a macroeconomic perspective means that the course will emphasize market equilibrium, government interventions, the connection between rational expectations in finance with rational expectations in other areas of macroeconomics, and life-cycle saving and portfolio choice, more than a typical microeconomically-oriented finance class, and will emphasize asset pricing less.

ECON 411 does not assume that you start with any background in finance (there are no finance prerequisites), but it will deal with sophisticated concepts. It will assume that you are comfortable with the use of graphs, algebra, logarithms and calculus, and that you are willing to learn about differential equations. It will also assume that you are comfortable with the material in ECON 401 (Intermediate Micro), as well as the material in ECON 402 (Intermediate Macro).


ECON 411 - Monetary and Financial Theory
Schedule Listing
001 (LEC)
 In Person
MW 1:00PM - 2:30PM

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