CODE 84088 ACADEMIC YEAR 2025/2026 CREDITS 6 cfu anno 2 AMMINISTRAZIONE, FINANZA E CONTROLLO 8706 (LM-77) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/02 LANGUAGE Italian TEACHING LOCATION GENOVA SEMESTER 2° Semester MODULES Questo insegnamento è un modulo di: ECONOMICS OF FINANCIAL MARKETS WITH LANGUAGE ADVANCE KNOWLEDGE TEACHING MATERIALS AULAWEB OVERVIEW Course description The aim of the course is providing a suitable knowledge on the financial sector of the economy, with particular focus on the debate on markets effiiciency, on the transmission mechanism of monetary policy. Attendance, although not mandatory, is strongly advised. AIMS AND CONTENT LEARNING OUTCOMES The course of Economics of Financial Markets has the specific aim of providing both theoretical and technical knowledge on the working of financial markets, with specific focus on the most recent theories and the debate among the different streams of thought. Specific attention will be dedicated to the impact of monetary policies on financial markets, to the creation and propagation of expectations and to the impact that they have on the yields of financial assets and their time structure. AIMS AND LEARNING OUTCOMES The main targets of the course are the following: Understanding the working of financial markets Understanding the effects of monetary policy on the financial markets Ability to properly communicate in written and oral form, ability to adapt communication to the context, use of sources and tools of various nature, critical thinking, ability to use, develop and value information, ability to expose. PREREQUISITES Undergraduate introductory courses of Macroeconomics and Microeconomics. TEACHING METHODS Lessons by the teacher. Seminars on a few specific topics. SYLLABUS/CONTENT Part I: The Debate on Financial Markets Efficinecy The conventional approach and its foundations. Some alternative approaches and the main objections to the orthodox models. Firm's investments and financial markets. Part II: Monetary Policy and Financial Markets Central Bank, inside money, outside money and payment systems. From the policy interest rate tto the markets interest rates. The Transmissiom Mechanism of Monetary Policy: the Money Channel and the Crediit Channel RECOMMENDED READING/BIBLIOGRAPHY Specific indications on reference bibliography will be provided by the professor at the beginning of the lectures. TEACHERS AND EXAM BOARD MARCO MAZZOLI Ricevimento: Office hours for meeting students will be published on the "AulaWeb" site of the course as soon as the administration offices have prepared the lessons timetable. The office hours for meeting students only apply during the lessons periods of the Ist and 2nd Semesters. Out of the Ist and 2nd semesters the students may contact the teacher by e-mail to set an appointment LESSONS LESSONS START Second Semester Class schedule ECONOMICS OF FINANCIAL MARKETS EXAMS EXAM DESCRIPTION Written Exam. ASSESSMENT METHODS The assessment methods consost of a written exam with open questions on the topics of the course. There are no restrictions in repeting the exam, in case of failure. FURTHER INFORMATION The students may contact by e-mail the professor after the end of the term for specific information. The concepts taught in the module require a basic knowledge provided by undergraduate courses in Microeconomics and Macroeconomics. Agenda 2030 - Sustainable Development Goals No poverty Zero hunger Good health and well being Quality education Gender equality Decent work and economic growth Industry, innovation and infrastructure Reduce inequality
