ECON426

038045

The objective of this class is to develop the economic foundations for the understanding of how financial markets and financial transactions work. Appropriate historical backgrounds, analytical frameworks, and mathematical models will be provided so that students may better understand the current economic climate. Specific topics include the micro-foundations of saving and borrowing by individuals, loan profitability for banks, personal credit risk scores, bond credit risk and default rates, Fair Credit Lending Acts, financial leverage and risk, and stock and bond market indexes.

GRD - Regular Grades A, B, C, D, E

Undergraduate

015609