Course Description
Family financial decision making over the life cycle. Advanced techniques in present and future value analysis. Economics of saving and borrowing, insurance and risk management, and retirement and estate planning. Effects of public policy on household financial decisions, and the interrelationship between family finance and the labor market.
Athena Title
FIN PLAN ANALYSIS
Equivalent Courses
Not open to students with credit in FHCE 8200E
Semester Course Offered
Offered fall
Grading System
A - F (Traditional)
Course Objectives
Students will be familiar with theories of saving, time alloation over the life course, and issues surrounding consumer debt, household investment and insurance practices,and financial markets for individuals and families.
Topical Outline
Two period model of consumption and savings Present and future value Life-cycle economics Risk and uncertainty Investment under uncertainty Risk and return Diversification Credit Consumer credit Mortgages Family finance and public policy Taxes The Federal Reserve Access to credit Family finance and the labor market - Employee benefits
Syllabus