Financial Economics

Catalog description

This course examines the functions of various financial instruments, the markets in which they trade, and the financial institutions that support them. Students will master the basics of time value of money, valuation of financial instruments, and risk management techniques. Students will also explore the impact of the financial sector on the real economy by discovering how the financial sector supports economic activity and describing how the absence of critical financial elements can undermine economic growth. Finally, students will identify the mechanisms through which financial crises reverberate through the real economy. Prerequisite: a grade of C- or better in ECO 210 or ECO 211.