I am very happy to inform you that university of Calicut has launched Inter university centre for Financial Economics and Financial Engineering at Dr John Matthai Centre, Aranatukkara Thrissur. Under this centre a new programme M.A Financial Economics is going to start Functioning, Financed by Department of Higher Education,Goverment of Kerala. As we Know Financial Economics has become an inevitable and integral discipline today, due to the profound transformations taking place in the economy at theNational and International level.
This is one of the inter university centres proposed by Government of Kerala for promoting Teaching, Learning and research activities related to Financial Engineering. This Centre is hosted by University of Calicut at Dr.John Matthai Centre, Thrissur . A sum of 2 crores have been allotted by Government of Kerala for starting M A Financial Economics course under the centre from the academic year 2016-17 onwards. Dr. K.X Joseph, Professor, Department of Economics is the Director of IUC Financial Economics is a branch of economics that analyses the use and distribution of resources in markets in which decisions are made under uncertainity. Financial decision must often take into account future events. whether those be related to individual stocks, portfolios or the market as a whole. Financial Economics employs economic theory to evaluvate how time, risk,opportunity costs and information can create incentives or disincentives for a particular decision