Kurser och studieplaner / Finansiell ekonomi
1793 New Facts in Finance
| Period: 3&4 | 24.1.2011 - 13.5.2011 |
| Nivå |
Fördjupade studier |
| ECTS-poäng | 8 |
| Institution | Finansiell ekonomi och ekonomisk statistik |
| Uppdaterad | 26.3.2009 13:06 |
Tentdatum
| 14.3.2011 part 1 |
| 20.5.2011 part 2 |
| 9.6.2011 part 1 + 2 |
| 25.8.2011 part 1 + 2 |
Handboksinformation
Mål
To cover recent developments in the theory and practice of asset pricing and derivatives.
The first part of the course deals with stylized facts and puzzles of asset returns and how these puzzles can be reconciled with modern asset pricing theory.
The second part of the course deals with selected advanced issues in new derivative contracts such as interest rate and various credit risk derivatives. Familiarity of such contracts will be crucial for all modern financial markets participants.
Undervisningsspråk
English
Förkunskaper
An accepted introductory exam. Advanced Financial Theory or corresponding strongly recommended.
Litteratur
Cochrane J (2005): Asset pricing. Rev.ed. Princeton University Press. Parts specified by the lecturer.
Danthine J-P & Donaldson J (2005): Intermediate Financial Theory. 2nd ed. Elsevier Academic Press. Parts specified by the lecturer.
Hull J (2008): Options, Futures, and other Derivatives. 7th ed. Prentice Hall. 2008
Articles specified by the lecturers.
Examination
Mandatory introductory exam. Graded article seminars. Final exam.
Examinatorinfo
Peter Nyberg (Part 1)
Anders Löflund (Part 2)