ECON 341 - Advanced Asset Pricing and Risk Management

FC SSCI QFR

4 credits
The course explores the pricing of securities and derivatives, and the management of portfolio risk. Topics include decision-making under uncertainty, pricing through no-arbitrage and equilibrium, complete vs. incomplete markets, risk-neutral pricing, the valuation of securities and derivatives, the term structure of interest rates, market efficiency and regulation, and modern approaches to portfolio risk management. This course was previously taught as ECON 315.

Prerequisites: ECON 211, ECON 241 and ECON 253.