3 credits
Fall 2025 Lecture Upper DivisionDramatic development in technology is fundamentally transforming all aspects of financial intermediation including lending, payment services, investments and trading. The goal of the course is to introduce these new developments to students with the emphasis on underlying economic mechanisms. We will start with talking about fiat money but quickly delve into cryptocurrencies and their applications. We will talk about tokens, smart contracts, automated market making and how applications of these concepts are transforming financial services and financial inclusion. We will cover these topics by analyzing real companies and contrast them with traditional players in the financial system.
Learning Outcomes1Understand fundamentals of blockchain and cryptocurrencies.
2Understand tokenization, smart contracts, and automated market makers.
3Evaluate implications of decentralized finance on banking, fund raising, financial markets and financial inclusion.
4Develop skills to analyze various business models in the Fintech space.
5Create a case study on a real Fintech company.