UNIVERSITY OF NORTHERN BRITISH COLUMBIA

BUSINESS PROGRAM

COMM 627

Finance II (Directed Study)

Winter 2018

Professor: Jing Chen                                       Telephone:              250-960-6480

Office:               10-4534, T&L                                

                         (or by appoint.)                                Email:                 chenj@unbc.ca

Web site            http://web.unbc.ca/~chenj/course/syllabus627.htm

COURSE OBJECTIVES

The powerful impacts of financial derivatives in the financial market have become widely known. This reflects the great flexibility of financial engineering in designing financial instruments to satisfy the needs of broad spectrums. We will show that the techniques developed in financial engineering can be applied in much broader fields. The theory of financial engineering provides a unified description of many social and biological problems. This reading course provides a great opportunity to explore the crown achievement of finance and apply the methodology to new horizons.

COURSE EVALUATION

Coments on papers: 75%

Research summery: 25%

            Total                         100%

Readings

Book

The Unity of Science and Economics: A New Foundation of Economic Theory, (2016), Springer

papers

An Analytical Theory of Major factors in Economics, Working paper

The Nature of Discounting, Structural Change and Economic Dynamics, (2012), Vol. 23, p. 313-324.

Imperfect Market or Imperfect Theory: A Unified Analytical Theory of Production and Capital Structure of Firms, Corporate Finance Review, 11 (2006), No. 3, 19- 30