ECON138

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ECON 138 - Financial and Behavioral Economics

EconomicsUndergraduateCLS - College of Letters and Science

Subject

ECON

Course Number

138

Department

Course Level

Undergraduate

Course Title

Financial and Behavioral Economics

Course Description

This course is an advanced class in Financial Economics. Topics include moral hazard (principal-agent problems, free cash flow), asymmetric Information (security issurance, dividends), mergers and acquisitions (theory, managerial incentives), corporate governance (separation of ownership and control, internal capital markets, superstar CEOs), corporate fraud (earnings manipulations). This class emphasizes the economic underpinning of financial decision-making and is mathematically and technically demanding. You will be required to do some empirical homework using STATA.

Minimum

4

Maximum

4

Grading Basis

Default Letter Grade; P/NP Option

Method of Assessment

Written Exam

Instructors

Staff

Prerequisites

100A or 101A, and Statistics 20, 21, or 25 or any upper division statistics course.

Repeat Rules

Course is not repeatable for credit.

Credit Restriction Courses. Students will receive no credit for this course if following the course(s) have already been completed.

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Formats

Lecture, Discussion

Term

Fall and Spring

Duration (in weeks)

15

Minimum Hours

3

Maximum Hours

3

Maximum Hours

1

Minimum Hours

9

Maximum Hours

8

Term

Summer

Duration (in weeks)

8

Minimum Hours

6

Maximum Hours

6

Maximum Hours

1.5

Minimum Hours

15

Maximum Hours

16.5

Term

Summer

Duration (in weeks)

6

Minimum Hours

7.5

Maximum Hours

7.5

Maximum Hours

2.5

Minimum Hours

20

Maximum Hours

22.5