ECON 4320 - Financial Economics

This course focuses on the economics of decision-making under conditions of risk and uncertainty. Topics include theories of efficient markets, rational expectations, speculative bubbles, random walks, portfolio analysis, options, derivatives and future markets. Emphasis is on the application of basic theories to economic agents’ behavior and case studies. Prereq: ECON 2022 with a C- or higher and ECON 3801 with a C- or higher or (MATH 2411 or MATH 2421 with B or higher), and ECON 3811 with a C- or higher. Term offered: spring. Max hours: 3 Credits. Semester Hours: 3 to 3