IF440 - Capital Markets and Uncertainty

About

Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Written examination 100/100 4 hours KALKULATOR

Course content

Investment decisions
Expected utility and risk aversion
State preference theory and complete markets
Stochastic discount factor
Optimal portfolio choice under uncertainty
Market equilibrium: CAPM and APT
Pricing of contingent claims
Efficient markets: Theory and evidence

Learning outcome

Knowledge
Students
-know of various models for capital markets and pricing under uncertainty
-know of central questions and related research

Skills
Students
-are able to analyze portfolio choice and pricing within different models
-are able to analyze economic relationships wherein explicit assumptions on uncertainty in the capital markets matters

General competences
Students
-are able to make judgements on the influence of risk and uncertainty

Learning methods and activities

Lectures, problem solving, assignments

Compulsory assignments

  • 3 obligatoriske innleveringer

Further on evaluation

Examination aids: Calculator type B according to NTNU Business School calculator rules.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Economics and Business Administration (ØAMSC)
Programme for Master of Science in Financial Economics, ISØ (ØANTNUM)

Required previous knowledge

The student must be admitted to one of the study programmes Master in Business Administration, or Master in Management of Technology at Trondheim Business School, or Master in Industrial Economics and Technology Management, or NTNU School of Entrepreneurship at Department of Industrial Economics and Technology Management, or Master’s Degree in Economics or Master’s Degree in Financial Economics at Department of Economics or Master in International Business and Marketing at Faculty of International Business (in Ålesund).

Course materials

Textbook and readings will be announced when semester starts

Credit reductions

Course code Reduction From To
BA440 7.5 2008-08-01

Timetable

Detailed timetable

Examination

Examination arrangement: Written examination

Term Statuskode Evaluation form Weighting Examination aids Date Time Room *
Spring ORD Written examination 100/100 KALKULATOR 09:00
  • * 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.