Financial Economics 2023-24
Bangor Business School
Module - Semester 1
The content includes Expected Utility Theory (EUT), risk aversion, Mean-variance model, critiques and alternative models to EUT, insurance decision, value of Information, adverse selection, moral hazard, principal-agent problem, applications in finance and banking theory.
- Analyse and critique theories in finance and banking.
- Understand and model the key concepts of decision making under asymmetric information.
- Understand and model the key concepts of decision making under uncertainty.