This course introduces the main instruments and institutions in the Canadian financial system. The basic concepts and models of modern financial theory are introduced through lectures and “hands-on” problem solving. Topics include: the time value of money, capital budgeting, the trade-off between risk and return and security valuation. Prerequisite(s): ECON 1A06 or 1B03; and one of MATH 1A03, 1M03, or 1N03; and COMMERCE 2AA3; and registration in any Commerce, Engineering and Management, Honours Business Informatics or four or five-level non-Commerce program. Students in a four- or five-level non-Commerce program must have at least B- in one of ECON 1A06, 1B03, 2G03, 2X03. (See Note 2 above.)