回 | 項目 | 内容 |
第1回 | Introduction | Review of basic macroeconomic principles that are needed to understand the course; the introduction of the course |
第2回 | Five core principles of money and banking | Review of the five core principles set out in the textbook (Chapter 1) |
第3回 | Money | What is money; definition of money; meaning of money; liquidity (Chapter 2) |
第4回 | Financial Instruments; Financial Markets | Basic principles of financial instruments (valuation, derivatives, etc); Review of structure of financial markets, with some focus on Japan, in comparison with the US (Chapter 3) |
第5回 | Financial Institution | Basic structure of financial industry, with application of Japan (Chapter 3) |
第6回 | Future value, present value and int interest rates | The definition of interest rate and its relationship with future/present value (Chapter 4) |
第7回 | Risk and return | Understand risk, how to measure it, risk premium, risk diversification (Chapter 5) |
第8回 | Bond and interest rates | What is bond; different types of bond; bond markets; risk of bond (Chapter 6) |
第9回 | The risk and term structure of interest rates | Yield curve; term structure; bond ratings (Chapter 7) |
第10回 | Stock market | Essential characteristics of common stock; Indices (Nikkei, Dow Jones, etc.) (Chapter 8) |
第11回 | Stock market | Why we need stocks, the valuation of stocks, risk of stocks, the theory of efficient markets (Chapter 8) |
第12回 | Derivatives | Basic concept of derivatives; futures/forwards, options, swaps |
第13回 | Foreign exchange | Foreign exchange rate basics; the determinants of exchange rate in the short and long-run; the relationship between exchange rate and prices |
第14回 | The yen from 1945 to now | We review the different exchange rate regime Japan has taken since the end of the war. |
第15回 | Review for the final exam | We review what we have learnt in the class, to prepare for the final exam |