Course details
Capital Market Theory
FINA 60204A
This course surveys models of asset pricing and portfolio allocation that are the building blocks of modern Finance.
It reviews the microeconomic foundations of decision-making under uncertainty and as well as the basic mathematical and statistical techniques used to derive key results. Students will learn about
- measures of risk aversion
- empirical asset pricing puzzles
- equilibrium risk-sharing and savings behaviour
- the role of asymmetric information
- models of inefficient equilibria
- arbitrage and market completeness
Upon completion, students will have the tools needed to read and understand the literature on capital markets and asset pricing.
- measures of risk aversion
- empirical asset pricing puzzles
- equilibrium risk-sharing and savings behaviour
- the role of asymmetric information
- models of inefficient equilibria
- arbitrage and market completeness
Upon completion, students will have the tools needed to read and understand the literature on capital markets and asset pricing.
Important notes
Course in French : FINA 60204
Course code
FINA 60204A
Subject
Finance
Program
Master of Science (MSc)
Location
Côte-des-Neiges
Instruction mode
On-site learning
Credits
3