KTTS4130 Investments and Asset Pricing (5 op)

Opinnon taso:
Syventävät opinnot
Arviointiasteikko:
0-5
Suorituskieli:
englanti
Vastuuorganisaatio:
Jyväskylän yliopiston kauppakorkeakoulu
Opetussuunnitelmakaudet:
2017-2018, 2018-2019, 2019-2020

Kuvaus

Sisältö

The lecture course gives a comprehensive treatment of theories of financial economics with a special emphasis on quantitative financial economics. The key points are the efficient market hypothesis (EMH), the Capital Asset Pricing Model (CAPM), the consumption based CAPM (CCAPM), portfolio diversification and arbitrage pricing theory (APT).

Suoritustavat

Contact teaching course, autumn semester, 2nd period. The study methods of the contact teaching course are specified in the study program annually.

Arviointiperusteet

Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.

Osaamistavoitteet

On successful completion of the course, students will be able to
- recognize, report, and apply theories of financial economics
- evaluate and report under what kind of conditions and assumptions theories can be applied and if theories are consistent with the empirical observations
- recognize, report, and apply empirical tests applied to theories and hypothesis of financial economics
- analyze behavior of financial markets and pricing of financial instruments by applying theories of financial economics, and to report the analysis results

Lisätietoja

Recommended timing for BIF students: 1st year.
Recommended timing for Finnish M.Sc. degree students: 3rd or 4th year.

Esitietojen kuvaus

KTTS1220 Mathematical Economics II
KTTA1250 Econometrics I (recommended)
KTTA4120 Applied Time Series Analysis for Finance and Macroeconomics (recommended)

Oppimateriaalit

Lecture slides.
Lecture materials will be provided by the instructor.

Recommended Books:
Cuthbertson, K. & Nitzsche, D. 2004. Quantitative Financial Economics: Stocks, Bond and Foreign Exchange, 2nd edition.
Cochrane. J.H. 2005. Asset Pricing (Revised Edition).

Kirjallisuus

  • Cochrane. J.H. 2005. Asset Pricing (Revised Edition), Princeton University Press.; ISBN: 978-0691121376
  • Cuthbertson, K. & Nitzsche, D. 2004. Quantitative Financial Economics: Stocks, Bond and Foreign Exchange, 2nd edition, Wiley.; ISBN: 978-0470091715

Suoritustavat

Tapa 1

Valitaan kaikki merkityt osat

Tapa 2

Valitaan kaikki merkityt osat
Suoritustapojen osat
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Julkaisematon arviointikohde
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