Financial Markets
Instructor: Горан Радивојац, PhD, Full Professor
Since modern economic systems imply the existence and full functionality of financial markets, with the continuous development of new financial instruments, globalization and integration of markets in which financial transactions are taking place, as well as in the field of evolution and integration of financial institutions, it is essential that students studying economics obtain basic knowledge of these categories. The goal of stydying this subject is to enable students to master the basic principles of functioning, and the basic elements and categories in the field of modern financial markets. Financial instruments, financial markets and participants in the financial markets are the basis of understanding of the economic system and thus represent a part of the compulsory curriculum in the study of economics.
Code : | О14ФФТР |
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Status: | C |
Semestar: | 7th |
Number of classes per week: | 4+3 |
ЕECTS: | 8 |
Teachers: |
Горан Радивојац,
PhD Full Professor Срђан Кондић, PhD Senior Assistant Александра Јандрић, MBA Senior Assistant |
Prerequisites: | |
Learning Outcomes (gained knowledge): | After passing the exam, the students of this study program will be able to explain what is the financial market, what is the regulated and unregulated market, what are the segments of the financial market, institutions and instruments of the financial market. The student will clearly define participants and their role in the financial market as well as their significance for the financial system as a whole. The efficiency of modern financial markets and their regulation are the basic elements in understanding the functioning of market. In addition, students will learn the basic methods of risk assessment and yield of securities traded on financial markets. |
Subject Contents: | The role of financial markets and institutions, functions of financial markets, functions of financial institutions, regulation of the financial system, theory of financial structure, structure of financial system, theory of efficiency of financial markets, global financial market, main markets of stocks and bonds, main markets of goods and derivatives, money market and foreign exchange market, bond market, stock market, market of forward contracts and futures, options and swaps market, depository institutions in the financial markets, investment funds, intermediaries in the financial markets, institutional investors, basic elements of the microstructure of secondary markets. |
Teaching Methods and Learning Activities: | Lectures and exercises within the planned number of classes. |
Literature: | Živković, B.; Šoškić, D. (2011). Financial Markets and Institutions, Fourth Edition. Belgrade: Faculty of Economics; Erić, D. (2003). Financial Markets and Instruments. Belgrade: Čigoja. |
Types of Assessment for the subject: | Colloquium I (0-20 points); Colloquium II (0-20 points); Final exam (0-50 points); Attendance (2point); Class activities (seminar papers, discussions, case studies) (0-8 points) |
Special Remarks for the subject: |