1.Define risk, return, and the three (3) aspects of market efficiency.

2.Evaluate the impact of risks faced by financial institutions.

3.Identify the economic role of the money markets.

4.Describe market fundamentals such as interest rates, inflation, and money supply.

5.Examine the basics of bond and mortgage valuations.

6.Analyze stock prices and valuations.

7.Describe the factors that determine exchange rates.

8.Demonstrate how to use derivatives to limit risk.