Postgraduate Course: Asset Pricing (ECNM11031)
|School||School of Economics
||College||College of Arts, Humanities and Social Sciences
|Credit level (Normal year taken)||SCQF Level 11 (Postgraduate)
||Availability||Available to all students
|Summary||The aim of the module is to provide students with a good foundation in asset pricing, by using a blend of theoretical concepts, empirical evidence and some applications of the theory. The intention is for the students to increase their knowledge and understanding of modern finance theory. Within this context, the module covers the following topics: mean-variance analysis, the Capital Asset Pricing Model, the Arbitrage Pricing Theory, derivatives pricing; market microstructure with respect to Efficiency Market Hypothesis, security exchanges, asymmetric information and noise traders; behavioural finance and Individual portfolio choices.
Entry Requirements (not applicable to Visiting Students)
|| It is RECOMMENDED that students have passed
Macroeconomics 2 (ECNM11022) AND
Microeconomics 2 (ECNM11025)
||Other requirements|| Students should be registered for MSc Economics or MSc Economics (Finance). All other students must email firstname.lastname@example.org in advance to request permission.
Information for Visiting Students
|Pre-requisites||Students should be registered for MSc Economics or MSc Economics (Finance). All other students must email email@example.com in advance to request permission.
|High Demand Course?
Course Delivery Information
|Academic year 2022/23, Available to all students (SV1)
||Block 4 (Sem 2)
|Learning and Teaching activities (Further Info)
Lecture Hours 18,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
|Assessment (Further Info)
|Additional Information (Assessment)
||Final Examination in the April/May diet.
||Hours & Minutes
|Main Exam Diet S2 (April/May)||2:00|
| good foundation in asset pricing, by using a blend of theoretical concepts, empirical evidence and some applications of the theory.
|Graduate Attributes and Skills
|Course organiser||Prof Timothy Worrall
Tel: (0131 6)51 5128
|Course secretary||Ms Grace Oliver