Economic Foundations of Finance

Catalog description

This course focuses on the fundamental economic concepts underpinning modern financial theory. Material includes consumer behavior; utility theory; analysis of production and costs; competitive markets; monopolistic and monopsonistic markets; time value of money; game theoretic analysis of oligopoly; asymmetric information in markets; externalities; market efficiency and more. The calculus is used to develop these concepts. | Prerequisites: MA-UY 1124 or MA-UY 1154 or MA-UY 1424 and Sophomore Standing or higher. This course fulfills 3 credits of Tandon HuSS elective requirements.