course-details-portlet

FIN3005 - Asset Pricing

About

Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 4 hours C

Course content

The course offers an introduction to equilibrium modeling for the financial markets. The models attempt to explain prices on different types of financial assets related to fundamental macroeconomic variables (like consumption and production). It provides a tool to understand how financial markets react to changes in relevant macroeconomic variables. The course also discuss empirical results, conventionalized facts and "puzzles" that are unveiled in such facts. The last part of the course can deal with portfolio decisions for long term investors or advanced option pricing.

Learning outcome

Knowledge

You learn

  • about empirical investigations of the link between the macro economy and stock markets
  • advanced theories of asset pricing
  • models for the relationship between the aggregate economic variables and financial markets
  • models of portfolio choice

Skills

You should be able to

  • explain how international stock markets have evolved historically
  • assess macroeconomic risk and how such risk affects financial markets
  • understand the relationship between different forms of risk and stock market returns
  • consider how different risks affect optimal portfolio choice

General competence

You should be able to

  • read and understand research papers on the topics of this course

Learning methods and activities

2 hours of lectures every week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project.

Compulsory assignments

  • Approved term paper(s)/exercise(s)

Specific conditions

Compulsory activities from previous semester may be approved by the department.

Required previous knowledge

None

Course materials

Announced at the beginning of the term.

More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Second degree level

Coursework

Term no.: 1
Teaching semester:  AUTUMN 2022

Language of instruction: English

Location: Trondheim

Subject area(s)
  • Financial Economics
  • Economics
  • Social Sciences
Contact information
Course coordinator:

Department with academic responsibility
Department of Economics

Examination

Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD School exam 100/100 C 2022-12-15 09:00 INSPERA
Room Building Number of candidates
Spring ORD School exam 100/100 C INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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