Topical Issues in Financial Economics

2024/2025

Academic Year

ENG

Instruction in English

3

ECTS credits

Delivered at:

School of Finance

Course type:

Compulsory course

When:

1 year, 3 module

Instructor

Shchepeleva, Maria

Course Syllabus

Abstract

This course introduces fundamental ideas in the theory of finance. It consists of three parts, including microeconomic foundations of finance, corporate finance and asset pricing. The first section covers a number of topics, ranging from individual decision making under certainty and uncertainty to market equilibrium and the impact of information asymmetry on exchange outcomes. The second section revises some fundamental ideas from capital structure management such as Modigliani-Miller theorem, the concept of WACC, the role of taxes and dividend policy in creating company’s value. The third section studies conventional models of asset pricing, e.g. the capital asset pricing model (CAPM) and its extensions, the arbitrage pricing theory (APT) and martingale pricing methods.