Facts
Richard Froyen:
300e Gardner Hall, 966-5375 (office), 929-5945 (home),
email: froyen@email.unc.edu
Office
Hours:
T & Th 3:30-4:30, W 3:00-4:00, and by appointment
The course Syllabus explains the
goals and rules of the course, organizes its by topics, and provides an
expanded reading list..
The course Calendar
provides a class-by-class list of topics and assignments.
| Date |
Topic |
Reading
Assignment and Exercises (Links to Supplemental Reading appear in the Section Above) |
Class
Notes |
| Oct
17 |
Determination
of Interest Rates
in the Long Run |
Present Value
Exercises Assigned Interest Rate Exercise (Exercise One) Assigned Data Spreadsheet for Interest Rate Exercise |
C1
Notes |
| Oct
24 |
Determination
of Interest Rates
in the Short Run |
Mishkin,
Chapter 5, pp. 85-104 |
C2
Notes |
| Oct
26 |
Why
Interest Rates Move
Together, Intoduction to Term Structure |
Mishkin,
Chapter 6 Exercise One is Due Exercise One Feedback |
C3
Notes |
| Oct
31 |
Term
Structure Continued Discussion of "What Makes the Yield Curve Move?" |
FRBSF Economic Letter, June 6, 2003 | No
New Notes |
| Nov
2 |
Discussion
of "Longer-Term Perspectives on the Yield Curve and Monetary Policy" |
Kozicki
and Sellon |
Discussion
Questions |
| Nov
7 |
Decision
Making When Outcomes
are Uncertain |
C6
Notes |
|
| Nov
9 |
The
Stock Market |
Mishkin,
Chapter 7 |
C7
Notes |
| Nov
14 |
Discussion
of "From Efficient
Market Theory to Behavioral Finance" |
Shiller Commercial Bank Exercise (Exercise Two) Assigned H8 11_3_2006 H8 11_3_2000 |
Discussion Questions |
| Nov
16 |
Stock
Trading Simulation |
Mishkin,
Chapter 7 |
Instructions Recording Sheet Simulation Results |
| Nov
21 |
Economic
Analysis of Financial
Structure |
Mishkin,
Chapter 8 Exercise Two is Due |
C10
Notes |
| Nov
28 |
Structure and Competition of the Banking Industry | Mishkin,
Chapter 10 Exercise Two De-briefed |
C11
Notes |
| Nov
30 |
Economic
Analysis of Banking
Regulation |
Mishkin,
Chapter 11 "Global Financial Instability: Framework, Events, Issues", Mishkin, J Econ Perspectives, 13(4), 3-20 |
C12
Notes |
| Dec
5 |
Discussion
of "Depression Era
Bank Failures..." |
Walter |
Discussion
Questions |
Supplemental Notes (Not Assigned
but Potentially Useful)