DE

Modul

Economic Theory and its Application in Finance [M-WIWI-101502]

Credits
9
Recurrence
Jedes Semester
Duration
1 Semester
Language
German/English
Level
4
Version
6

Responsible

Organisation

  • KIT-Fakultät für Wirtschaftswissenschaften

Part of

Bricks

Identifier Name LP
T-WIWI-102623 Financial Intermediation 4.5
T-WIWI-102609 Advanced Topics in Economic Theory 4.5
T-WIWI-113469 Advanced Corporate Finance 4.5
T-WIWI-102861 Advanced Game Theory 4.5
T-WIWI-102647 Asset Pricing 4.5
T-WIWI-102622 Corporate Financial Policy 4.5
T-WIWI-109050 Corporate Risk Management 4.5

Competence Certificate

The assessment is carried out as partial exams (according to Section 4(2), 1 or 2 of the examination regulation) of the single courses of this module, whose sum of credits must meet the minimum requirement of credits of this module. The exams are offered at the beginning of the recess period about the subject matter of the latest held lecture. Re-examinations are offered at every ordinary examination date. The assessment procedures are described for each course of the module separately. The overall grade for the module is the average of the grades for each course weighted by the credits and truncated after the first decimal.

Competence Goal

The students

  • have learnt the methods of formal economic modeling, particularly of General Equilibrium Theory and contract theory
  • will be able to apply these methods to the topics in Finance, specifically the areas of financial markets and institutions and corporate finance
  • have gained many useful insights into the relationship between firms and investors and the functioning of financial markets

Prerequisites

One of the courses T-WIWI-102861 "Advanced Game Theory" and T-WIWI-102609 "Advanced Topics in Economic Theory" is compulsary. 

Content

The mandatory course "Advanced Topics in Economic Theory" is devoted in equal parts to General Equilibrium Theory and to contract theory. The course "Asset Pricing" will apply techniques of General Equilibrium Theory to valuation of financial assets. The courses "Corporate Financial Policy" and "Finanzintermediation" will apply the techniques of contract theory to issues of corporate finance and financial institutions.

Workload

The total workload for this module is approximately 270 hours. For further information see German version.