Fall 2011 Class Descriptions
As of 4/19/2014 5:51:16 AM
Finance for Lawyers
This is an introductory finance course and no prior experience in finance or mathematics background is required. This course has no prerequisites.
The objective of this course is to introduce many broadly applicable important financial concepts such as time value of money, NPV Rule, valuation, efficient market hypothesis, portfolio optimization, risk management, adverse selection, and moral hazard to law students. We will discuss public finance and financial markets, including the stock markets, bond markets, electronic and floor exchanges, retail, commercial and investment banks and other financial intermediaries, market for real estate, insurance, and social insurance. We will use financial concepts to understand how these markets have evolved, developed, and sometimes failed. Hence, we will study market booms, crashes, manias, and crises. In this process, the students will also be familiar with many financial products such as stocks, bonds, credit cards, Treasuries, and options, futures, and swaps; as well as important players in these markets, such as corporate managers, commercial and investment banks, Federal Reserve, brokers, market makers, and investors. The course will not focus on law or legal cases, although there may be occasional applications in the legal area.