This course provides micro-foundations for modern finance. It covers asset pricing and the valuation of risky cash flows. It emphasizes the relationship between theory and data, applying economic and statistical tools to the study of financial markets. Weekly hours: 3 Lecture hoursPrerequisite(s): ECON 211.3 or ECON 273.3; and one of MATH 110.3, MATH 121.3, MATH 123.3, MATH 125.3, MATH 133.4 or MATH 176.3; and one of STAT 245.3 or COMM 207.3 or equivalent. Note: Students with credit for ECON 498.3 Financial Economics may not take this course for credit.
This course provides micro-foundations for modern finance. It covers asset pricing and the valuation of risky cash flows. It emphasizes the relationship between theory and data, applying economic and statistical tools to the study of financial markets. Weekly hours: 3 Lecture hoursPrerequisite(s): ECON 211.3 or ECON 273.3; and one of MATH 110.3, MATH 121.3, MATH 123.3, MATH 125.3, MATH 133.4 or MATH 176.3; and one of STAT 245.3 or COMM 207.3 or equivalent. Note: Students with credit for ECON 498.3 Financial Economics may not take this course for credit.