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ECON 4340 The Theory of Financial Markets
Last taught: Fall 2026 Add to Schedule
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Review Summary Updated April 07, 2026

The workload is minimal, with your entire grade hinging on a few exams that prioritize memorizing precise definitions and textbook concepts over complex analysis. Lectures frequently drift into personal anecdotes and market stories, making independent study of the assigned readings and slide decks essential for actual exam success. Grading is notoriously strict and heavily dependent on evaluators who look for exact keywords and rarely award partial credit, turning prep into a rigid memorization task. If you are targeting a finance career and can navigate a loosely structured format for the sake of networking, the low time commitment is a solid tradeoff, but anyone looking for clear instruction or a predictable grading curve should steer clear.

67 Reviews

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Fall 2010
3.0
Average

Not that difficult, but lectures are somewhat mundane.

Instructor 3.0
Enjoyability 3.0
Recommend 3.0
Difficulty 3.0
Hours/Week 3.0
Fall 2010
5.0
Average

Great class! The readings are very useful and the midterms are easy if you read and go to lecture.

Instructor 5.0
Enjoyability 5.0
Recommend 5.0
Difficulty 3.0
Hours/Week 5.0
Fall 2010
3.3
Average

The book is not that well written. The most helpful lectures were when Sunit taught them since he actually had thought out lesson plans.

Instructor 4.0
Enjoyability 3.0
Recommend 3.0
Difficulty 4.0
Hours/Week 2.0
Fall 2010
3.0
Average

This class just goes by too slowly and isn't substantive enough. We spent four classes reviewing the same material, where finance study should encompass a lot more for students new to the material

Instructor 3.0
Enjoyability 2.0
Recommend 4.0
Difficulty 2.0
Hours/Week 0.0
Fall 2009
4.0
Average

One of the easier econs out there. It is however quite enjoyable and useful. The only bad thing about the class was the way the exams were graded. The TA's are lonely econ TA's who dont know much about finance and thus grade the exams with a strict answer key. Anyone from the comm school will find it frustrating to have to answer questions with little or no thought instead of with actuall analysis. Overall an easy A if you care about finane.

Instructor 4.0
Enjoyability 4.0
Recommend 4.0
Difficulty 1.0
Hours/Week 0.0
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Fall 2009
3.7
Average

Not the funnest or most interesting class, but clearly the one that needs the least work. Notes basically say the same thing every day, so less things to study for. I like him overall. Lazy people, this is really the class to take.

Instructor 4.0
Enjoyability 3.0
Recommend 4.0
Difficulty 3.0
Hours/Week 0.0
Fall 2009
2.7
Average

Very knowledgeable but doesn't give anymore insight to the current financial markets than if you watch CNBC. His lectures are not organized and he repeats himself in a bad way each class. Poorly written textbook but good side readings. Tests are difficult if you don't read and skip exams otherwise they're are generally fair. While it's the best the ECON department has for finance, it was overall a disappointing class.

Instructor 2.0
Enjoyability 3.0
Recommend 3.0
Difficulty 2.0
Hours/Week 1.0
Fall 2009
3.3
Average

Tests are tricky, but class is interesting. Doesn't really leave you any better off in terms of knowing how to invest, as every theory he reviews he then refutes.

Instructor 4.0
Enjoyability 3.0
Recommend 3.0
Difficulty 4.0
Hours/Week 0.0
Fall 2009
3.0
Average

The exams were based mainly on material in his book that he barely went over in class, and on books that were never even mentioned during class. He was a little full of himself and tends to favor hot girls but was a decent lecturer. Not a terrible class if you are interested in i-banking

Instructor 3.0
Enjoyability 3.0
Recommend 3.0
Difficulty 4.0
Hours/Week 3.0
Fall 2009
3.7
Average

Overall a decent course.

Exams are textbook-based and cover some cases in the lecture. You may need to know everything on the book to handle the exams. Grader are not bad. It's just cuz the professor give them an answer key, and this makes the grading strict. Still recommend.

Instructor 4.0
Enjoyability 4.0
Recommend 3.0
Difficulty 5.0
Hours/Week 0.0
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