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May 09, 2025
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2014-2016 Undergraduate and Graduate Bulletin (with addenda) [ARCHIVED CATALOG]
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FIN-UY 2003 Economic Foundations of Finance3 Credits 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.
Prerequisite(s): MA-UY 1124 or MA-UY 1154 or MA-UY 1424 and Sophomore Standing or higher. Weekly Lecture Hours: 3 | Weekly Lab Hours: 0 | Weekly Recitation Hours: 0
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