Asset Pricing - ECO00113M
Module summary
To provide an advanced treatment of modern asset pricing theory for economists with a technical training. We will focus on both theoretical issues and discuss the empirical performance of these different models. Topics and teachers may change from year to year.
Module will run
| Occurrence | Teaching period |
|---|---|
| A | Semester 2 2024-25 |
Module aims
The module extends students knowledge of the core elements of modern finance theory and empirical practice. Focus will be on a range of topics that will be examined in depth.
Module learning outcomes
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A good grasp of elements of the research frontier in asset pricing.
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An ability to carry out a short project or solve a set of problems which demonstrate their understanding of the key research issues
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To provide research students with the capacities and knowledge necessary to understand and undertake research in finance in preparation for writing their thesis.
Indicative assessment
| Task | % of module mark |
|---|---|
| Essay/coursework | 100 |
Special assessment rules
None
Additional assessment information
100% Coursework choice of (a) 5-page report on an empirical project or (b) solutions to theoretical problems to be completed at the end of the semester.
Indicative reassessment
| Task | % of module mark |
|---|---|
| Essay/coursework | 100 |
Module feedback
Feedback will be provided in line with University policy
Indicative reading
J. Campbell, (2018) Financial Decisions and Markets, Princeton University Press.
J. Cochrane, (2005) Asset Pricing, Princeton University Press.
J Campbell, A Lo and MacKinlay, (1996) The Econometrics of Financial Markets, Princeton University Press.