ECON 442 - The Economics of Financial Markets

3 units (fi 6)(EITHER, 3-0-0)

The measurement of risk; portfolio analysis; hedging and speculation; market microstructure; asset pricing and market equilibrium. Prerequisites: ECON 109, ECON 281, STAT 161 or equivalent, and MATH 154 or equivalent. Students may not receive credit for both ECON 442 and FIN 412.