Financial Economics
Course Type | Course Code | No. Of Credits |
---|---|---|
Course Description:
The course focuses on the role of financial markets and asset prices in allocation of savings in the macroeconomy. Topics covered include contingent claims economy, asset pricing, allocation of savings, etc. in both complete and incomplete markets settings. Prerequisite is Macroeconomics I & II.
Course Outcomes
At the end of the course students should be able to:
1. Explain the role of financial markets in determination of macroeconomic outcomes.
2. Describe a standard model of finance economy.