Securities Markets

Reading

  • Chapter 3: Securities Markets

Assignment

  • Relative Value

Introduction

Bloomberg Introduction

For those on campus, Bloomberg laptops are available in the Maurer Center. \

Market Capitalization

Role of Financial Analyst

Sellside vs Buyside

Market Failures

The Principle-Agent Problem

The Market for Lemons by George Akerlof

Asymmetric Information

Adverse Selection

Moral Hazard

Borrowers and Savers

Businesses
Households
Government

Financial Intermediaries

Buying and Selling on Margin

Khan Academy
Edspira

Long vs Short

Margin Calculations

Aggregating Savings and Securitization

Mutual Funds

Characteristics of Mutual Funds

What is an ETF?

Private Equity

Initial Public Offering (IPO)

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