Units:4 Economic analysis of the theoretical underpinnings of finance. Topics include asset pricing in dynamic stochastic general equilibrium models, banking models with imperfect information, liquidity risk and financial crises.
Prerequisites: ECON 305 and ECON 300, or, ECON 305 and ECON 380, or, Admission to the M.S. in Economics. Possible Instructional Methods:Entirely On-ground. Grading: A-F grading only.