This course applies economic principles to the financial decisions that businesses make every day, and to the capital markets in which households and firms interact. The course covers topics including project analysis using net present value techniques, risk and return of assets and projects, efficient capital markets, corporate capital structure and dividend policy, and valuation of assets. Cadets will learn methods to analyze individual projects as well as business enterprises as a whole. As the U. S. Military continues to privatize many functions, knowledge of techniques used by corporations is becoming essential for our future Army leaders. This course is the second of a two-course financial economics sequence for which SS394 Financial Statement Analysis is a prerequisite, except for cadets with permission of the instructor.
