course-details-portlet

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 D

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

Supporting material allowed on exams: Approved calculator regarding NTNUs support material code B-D "specific basic calculator". Other calculators that are allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus.

Admission to study programme is required, see "special conditions".

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:
Accounting and Auditing (MRR)
Economics (MSØK)
Economics (MSØK/5)
Economics and Business Administration (ØAMSC)
Entrepreneurship (MENTRE)
Entrepreneurship (MSENTRE)
Financial Economics (MFINØK)
Industrial Economics and Technology Management (MTIØT)
International Business and Marketing (860MIB)

Required previous knowledge

None

Course materials

Textbook and readings will be announced when semester starts

Credit reductions

Course code Reduction From To
BA440 7.5 01.08.2008
More on the course

No

Facts

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

Coursework

Term no.: 1
Teaching semester:  SPRING 2021

Language of instruction: English

Location: Trondheim

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
NTNU Business School

Phone:

Examination

Examination arrangement: Written examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Spring ORD Written examination 100/100 D 09:00 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"

More on examinations at NTNU