Academic Catalog

ECON634 FINANCIAL ECONOMICS II

Course Code: 3110634
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Department: Economics
Language of Instruction: English
Level of Study: Graduate
Course Coordinator: Assoc.Prof.Dr. ESMA GAYGISIZ LAJUNEN
Offered Semester: Fall and Spring Semesters.

Course Content

This course covers range of advanced topics in financial economics. It elaborates on the informational aspects in financial decision making and explores financial equilibria with symmetric and asymmetric information both in complete and incomplete financial markets. The course also focuses on the limits to arbitrage and financial frictions associated with transaction costs, liquidity, financial constraints, limited participation and limited commitment.