ECON30170 Financial Economics: Asset Pricing

Academic Year 2022/2023

This course analyses, at both a practical and theoretical level, the process of investment in financial markets. Its aims are to introduce students to the various types of financial instruments in common use and to the economic theories that explain how they are priced. The types of securities considered include interest-bearing securities, equities and derivatives (options, futures, etc.). The course first explores how financial markets operate and how securities are bought and sold. The trade-off between higher returns and more `risky' pay-offs is then discussed. The problem of determining an optimal investment strategy, given beliefs about the probability distribution of returns, is also addressed. Other issues considered include the informational efficiency of financial markets and the relative usefulness of fundamental analysis and technical analysis in predicting price movements.

This course is not open to students taking the BSc in Economics & Finance.

Show/hide contentOpenClose All

Curricular information is subject to change

Learning Outcomes:

On completion of this module students will have a basic understanding of the roles of capital markets, corporate financial policy, and how financial crises arise.

Student Effort Hours: 
Student Effort Type Hours
Autonomous Student Learning

80

Lectures

22

Total

102

Approaches to Teaching and Learning:
Attend the lectures, do the problem sets, pass the exam. That is all. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Incompatibles:
FIN30100 - Investment and Portfolio Manag, FIN30150 - Financial Economics I, FIN30160 - Financial Economics II


 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Final 2 hour End of Trimester Exam No Graded No

100


Carry forward of passed components
No
 
Resit In Terminal Exam
Autumn Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Online automated feedback

How will my Feedback be Delivered?

Not yet recorded.

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 
Spring
     
Lecture Offering 1 Week(s) - 20, 21, 23, 24, 25, 26, 29, 30, 32, 33 Mon 10:00 - 10:50
Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 30, 31, 32, 33 Wed 10:00 - 10:50
Spring