This document introduces topics that will be covered in a course on financial markets and institutions. It provides an overview of why these topics are important to study, including how financial markets and interest rates impact individuals, businesses, and the economy. The three main financial markets discussed are the bond market, stock market, and foreign exchange market. The roles of the Federal Reserve, central banks, and other financial institutions are also introduced. The document outlines how the course will use analytical frameworks, case studies, problems, and web exercises to explore these concepts.