ECON 387 - Financial Economics

Financial markets enable individuals and firms to move resources across time (e.g., by taking out a loan) and manage risk (e.g., by buying insurance). Students use the theories of intertemporal choice and decision making under uncertainty to understand various aspects of these markets. Specific topics covered include net present value, term structure of interest rates, capital budgeting, corporate capital structure, derivative securities, portfolio theory, and the Capital Asset Pricing Model (CAPM).

Credits: 1.00
Corequisite: None
Prerequisites: ECON 251 and ECON 252 and ECON 375
Major/Minor Restrictions: None
Class Restriction: None
Area of Inquiry: Social Relations,Inst.& Agents
Liberal Arts CORE: None
Formerly: ECON 332

Click here for Course Offerings by term