Financial Markets and Investments

Catalog description

The structure and workings of financial markets. Topics include risk-return relationships, portfolio selection, the capital asset pricing model, the arbitrage pricing theory, fixed income analysis, and aspects of derivatives. This is an advanced version of Economics 571 intended primarily for students in the Master's in Quantitative Financial Economics program. It employs a more mathematically rigorous and theoretically advanced approach than Economics 471 and 571.