Consumer Finance

3 credits · Undergraduate

Financial decision-making. Saving, borrowing, spending, and investing strategies given interest rates, inflation, transaction costs, management fees, and taxes. Financial institution assessment and pricing of risk given monetary and fiscal policies, credit scoring models, regulation, adverse selection, moral hazard, and actuarial tables. Emotional and behavioral biases in finance. No credit for students who completed FNEC 3333 or BUSA 3334. [3] (SBS)