Emphasis on both the analytical foundations and the practical applications of the methods presented. See 341 for continuation of 241. Objective is to teach how modern investment concepts can be used to evaluate and manage opportunities, structure portfolios, and use sophisticated investment products including stocks, bonds, mortgages, and annuities.
Emphasis is on translating theory into actual procedures.
Examples of applications for every major topic. Group project devoted to application of the theory. See 342 for continuation of 242. 246 Economics of Natural Resources - Intertemporal economic analysis of natural resource use, particularly energy and including air, water, and other depletable mineral and biological resources. Emphasis on an integrating theory for depletable and renewable resources.