Accurate valuation of physical and financial capital is a key task for finance professionals. Economic theory presents a theoretical grounding for many of the concepts used to value financial securities and other assets.
Course Description: This course presents an introduction to the valuation process especially as it relates to corporations. Through a combination of lecture and discussion students will learn the quantitative tools used by corporations to make decisions as well as tools used by stakeholders to assess corporations. Due to the forward-looking nature of these decisions and evaluations, assessment of risk and uncertainty plays a critical role in the valuation process.
Prerequisite(s): Economics 1A, 1B, and (100 or Agricultural and Resource Economics 100A and 100B); Mathematics 16A or 17A or 21A; Statistics 13