• understand and explain issues in relation to international economics
• understand and explain considerations behind the design of international business in a global context and issues involved in asymmetric information in transactions and relationship between companies
• understand problems of asymmetric information in financial, insurance and labor markets, and in public procurement of goods and services and explain how natural monopolies can be regulated
• understand and explain considerations behind financial contracting
• understand and explain the concept corporate governance and the tensions between companies’ stakeholder groups in a global business perspective
• Interpret financial and business current events in terms of financial economics

The purpose of this course is to introduce the students to financial economics and its applications for business in a global market. The theory aids in understanding the functioning of investment, insurance and labor markets, and provides advice as to how to arrange public procurement and regulation of natural monopolies.

This course provides a rigorous introduction to the fundamentals of modern financial economics and their applications to business challenges in capital budgeting, project evaluation, corporate investment and financing decisions, and investment management.

Both modules build on microeconomics, industrial organization and finance in HA(jur.), and they support courses in company, competition, procurement and tax law.

The course replaces the previous mandatory course given in Danish: Anvendt Økonomi

Brian Hillier: “The Economics of Asymmetric Information”, 1997

Mark Armstrong et al.: “Regulatory Reform”, 1994 (ch. 2)

David Luenberger, 1997 ”Investment Science”

And similar