Here is the final lecture for the course.

1. Financial Economics Lecture 20
Dr Stephen Kinsella
stephen.kinsella@ul.ie
stephenkinsella.net

2. What was this course
about?
• Markets
• Macroeconomics
• Finance/Public Policy
• Meltdowns & the Future of the Financial
System

5. Intro/Data

6. Intro/Data

7. Intro/Data
Structure of System

8. Intro/Data
Structure of System

9. Intro/Data
Structure of System Physical Descriptions

10. Intro/Data
Structure of System Physical Descriptions

11. Intro/Data
Structure of System Physical Descriptions
Crisis/Options

12. Intro/Data
Structure of System Physical Descriptions
Crisis/Options

13. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM

14. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM

15. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM APT

16. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM APT

17. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM APT EMH

18. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM APT EMH

19. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM APT EMH
Behavioural Finance

20. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM APT EMH
Behavioural Finance

21. Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM APT EMH
Behavioural Finance
Rants

22. Hopefully, You’ve
learned

23. Hopefully, You’ve
learned
1. How to read the financial pages
2. How to comment intelligently on current
affairs
3. Understand & Critique Basic Models
4. Some econophysics & real market data
5. Old & New Approaches to finance
6. How to work with Real Data

24. So much has changed

25. So much has changed
2* ‘Budgets’

26. So much has changed
2* ‘Budgets’
Bank Bailouts

27. So much has changed
2* ‘Budgets’
Bank Bailouts
NAMA

28. So much has changed
2* ‘Budgets’
Bank Bailouts
NAMA
ECB/Fed Actions

29. So much has changed
2* ‘Budgets’
Bank Bailouts
NAMA
ECB/Fed Actions
UK Quantitative Easing

30. So much has changed
2* ‘Budgets’
Bank Bailouts
NAMA
ECB/Fed Actions
UK Quantitative Easing
Bond Issuance in Ireland

31. So much has changed
2* ‘Budgets’
Bank Bailouts
NAMA
ECB/Fed Actions
UK Quantitative Easing
Bond Issuance in Ireland
CDS spreads

32. So much has changed
2* ‘Budgets’ New role for CB
Bank Bailouts
NAMA
ECB/Fed Actions
UK Quantitative Easing
Bond Issuance in Ireland
CDS spreads

33. So much has changed
2* ‘Budgets’ New role for CB
Bank Bailouts GDP Collapse, Deflation
NAMA
ECB/Fed Actions
UK Quantitative Easing
Bond Issuance in Ireland
CDS spreads

34. So much has changed
2* ‘Budgets’ New role for CB
Bank Bailouts GDP Collapse, Deflation
NAMA UE rising to 12%
ECB/Fed Actions
UK Quantitative Easing
Bond Issuance in Ireland
CDS spreads

35. So much has changed
2* ‘Budgets’ New role for CB
Bank Bailouts GDP Collapse, Deflation
NAMA UE rising to 12%
ECB/Fed Actions ISEQ collapse
UK Quantitative Easing
Bond Issuance in Ireland
CDS spreads

36. So much has changed
2* ‘Budgets’ New role for CB
Bank Bailouts GDP Collapse, Deflation
NAMA UE rising to 12%
ECB/Fed Actions ISEQ collapse
UK Quantitative Easing Iceland & IMF, G20
Meetings
Bond Issuance in Ireland
CDS spreads

37. So much has changed
2* ‘Budgets’ New role for CB
Bank Bailouts GDP Collapse, Deflation
NAMA UE rising to 12%
ECB/Fed Actions ISEQ collapse
UK Quantitative Easing Iceland & IMF, G20
Meetings
Bond Issuance in Ireland
Next thing:
Nationalisation?
CDS spreads

38. Exam

39. Exam
Prepare: Sample Exam & Problem Sets

40. Exam
Prepare: Sample Exam & Problem Sets
Notes/Podcasts/Etc online

41. Exam
Prepare: Sample Exam & Problem Sets
Notes/Podcasts/Etc online
Textbook

42. Exam
Prepare: Sample Exam & Problem Sets
Notes/Podcasts/Etc online
Textbook
Office Hours next week

43. Exam
Prepare: Sample Exam & Problem Sets
Notes/Podcasts/Etc online
Textbook
Office Hours next week
Exam: 14 May, SP Hall, 12.30 kick off.

44. Exam
Prepare: Sample Exam & Problem Sets
Notes/Podcasts/Etc online
Textbook
Office Hours next week
Exam: 14 May, SP Hall, 12.30 kick off.
Good Luck

45. Questions?