Course Information

FIN2003 Economic Foundations of Finance

Credits: 3.00

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: Completion of first year writing requirements; and MA1124 or MA1154 or MA1424