The world of finance -- Financial intermediation and financial markets -- Financial institutions -- Monetary policy and internet rate determination -- Domestic and international money markets -- The domestic and international bond market -- Portfolio analysis : risk and return in financial markets -- The capital asset pricing model -- Stockmarkets and equities -- The efficiency of financial markets -- The foreign exchange market -- Theories of exchange rate determination -- Financial futures -- Options -- Option pricing -- Swap markets -- Financial innovation and the credit crunch -- Regulation of the financial sector