Introduction to Business, Finance, and Economics

III. August 7–11, 2023
Day & Time:
Monday–Friday, 10:00 a.m.–12:00 p.m. and 1:00–3:00 p.m.
to be announced
Students with at least 2 years of experience with high school-level algebra will be most prepared for this course, but it is not required.

“[I gained] a much more acute sense of financial awareness but also a greater ability to feel confident in participating and asking questions.” – Nahid M. | East Elmhurst, New York  

“[I liked] the breadth of the course and the well-designed activities that aided in understanding the material.” – Shida Y. | Hong Kong  

Course Description

This course focuses on the firm’s financial and economic behavior. The firm needs cash to undertake worthy investments, and the firm needs to identify investments worth undertaking. What models does the firm use to identify such investments? What sources of cash can the firm use? How do the financial markets in which this money is raised function? How does the market value the firm, its securities, and its investments? What financial instruments are available to the firm? What are the microeconomic models that best describe a firm’s behavior in such markets?

In answering these questions, the participants discuss stocks, bonds, stock markets, as well as valuation models of investments, firms, and securities. They also work with concepts like optimal investment strategies, what is revealed and what is hidden in published accounting statements, and what are some of the sources of risk. Students also acquire familiarity with the mechanics and history of the financial markets.

The course includes case studies and some sustained independent work by the participants.


Back to the Course Guide

Specific course details such as topics, activities, hours, and instructors are subject to change at the discretion of the University. Not all instructors listed for a course teach all sections of that course.