QRAM 8600 - Theory of Risk Sharing

3 Credit Hours
Prerequisites: MBA 8135.
Corequisites: FI 8000.
Description
This course provides a rigorous introduction to financial economics. The course is comprised of three main components. The first is the analysis of individual behavior under uncertainty and its implications for individual portfolio choice and the demand for insurance in both static and dynamic settings. The second component introduces students to the equilibrium approach to pricing determination in securities and insurance markets. The final section focuses attention on the valuation of interest-rate dependent assets.