MGEC72H3 Financial Economics

This course introduces students to the theoretical underpinnings of financial economics. Topics covered include: intertemporal choice, expected utility, the CAPM, Arbitrage Pricing, State Prices (Arrow-Debreu security), market efficiency, the term structure of interest rates, and option pricing models. Key empirical tests are also reviewed.

Prerequisite: 
Exclusion: 

( ECMC49H3), ECO358H

Enrolment Limits: 
60
Breadth Requirements: 
Social & Behavioural Sciences