May 09, 2025  
2022-2023 Westminster College Catalog 
    
2022-2023 Westminster College Catalog [ARCHIVED CATALOG]

BA 385 - Financial Economics

Semester Hours: 4

The course presents the Black-Scholes theory of options, futures markets, the time value of money, the rate of return on investment, cash flow sequence, utility functions, expected utility maximization, mean-variance analysis, value at risk, optimal portfolios, and the capital asset pricing model.

Prerequisite: ECO 150  and ECO 220  (or equivalent).