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ECON 3050 [0.5 credit] Introduction to Financial Economics

The major theories and basic tools used to address modern financial economic issues. Topics may include time value of money, bond and stock valuation, investment criteria, capital budgeting, the risk-return tradeoff, options and option valuation, cost of capital, and the fundamentals of international corporate finance.
Precludes additional credit for BUSI 2503, BUSI 2504, ECON 2504 (no longer offered), BUSI 2505, and ECON 2505 (no longer offered).
Prerequisite(s): ECON 1001 and ECON 1002 each with a grade of C- or higher, or ECON 1000 or FYSM 1003 with a grade of C- or higher, ECON 1401/MATH 1401 and ECON 1402/MATH 1402, or equivalent department-approved MATH course pair with a grade of C- or higher in each, and BUSI 1002 or BUSI 1005 with a grade of C- or higher in each.
Lectures three hours a week.