Asset Pricing Lecture 2: Challenging Facts and Basic Consumption-Based Model

This is an introduction and overview of asset pricing, covering challenging facts and basic consumption-based model.

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Asset Pricing: Course Syllabus

About the course

 

Are you curious about quantitative academic finance? Have you considered graduate study in finance? Are you working in an investment bank, money-management firm or hedge fund and you want to understand models better? Would you like to know what buzzwords like beta, risk premium, risk-neutral price, arbitrage, equity premium, and discount factor mean? This class is for you.

We will see how one basic idea, price equals expected discounted payoff, unites everything – models that describe stocks, bonds, options, real investments, discrete time, continuous time, asset pricing, portfolio theory, and so forth. Read more Asset Pricing: Course Syllabus

Asset Pricing Lecture 1: Stochastic Calculus Review

This lecture is a review covering some basic concepts in stochastic calculus and time-series processes.

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