ISCTE-IUL > Education > DEc , DF

Asset Pricing I (2 º Sem 2018/2019)

Code:	01069
Acronym:	01069
Level:	3rd Cycle
Basic:	No
Teaching Language(s):	English
Friendly languages:

Be English-friendly or any other language-friendly means that UC is taught in a language but can either of the following conditions:
1. There are support materials in English / other language;
2. There are exercises, tests and exams in English / other language;
3. There is a possibility to present written or oral work in English / other language.

Semester	ECTS Credits	Theoretical Lesson (T)	Theoretical and Pratical Lesson (TP)	Practical and laboratorial lesson (PL)	Seminary (S)	Field Work (TC)	Training Period (E)	Tutorial Orientation (OT)	Contact Hours	Autonomous Work	Others (O)	Total Load Hours [?]Contact Hours + Autonomous Work
1	6.0	0.0 h/sem	24.0 h/sem	0.0 h/sem	0.0 h/sem	0.0 h/sem	0.0 h/sem	1.0 h/sem	25.0 h/sem	125.0 h/sem	0.0 h/sem	150.0 h/sem


Since year	2016/2017
Pre-requisites	None
Objectives	This course aims to provide a comprehensive introduction to the pricing of financial assets. We will cover the main pillars of asset pricing, including choice theory, portfolio theory, equilibrium pricing, and arbitrage pricing. We will read a significant range of current research papers in asset pricing
Program	1. Individual Choice Theory 2. Individual Portfolio Decision 3. Capital Asset Pricing Model 4. Arbitrage Pricing Theory and Factor Models 5. Pricing in Complete Markets 6. Consumption Asset Pricing
Evaluation Method	o Final Exam: 40% o Midterm: 30% o Quizzes, Homework, Class participation, Group presentations: 30%
Teaching Method	Lectures and students' presentations.
Observations
Basic Bibliographic	1. Danthine, J-P and J. Donaldson, 2005, Intermediate Financial Theory, 2nd edition, Elsevier Academic Press. 2. Cochrane, J.H., 2001, Asset Pricing, Princeton University Press.
Complementar Bibliographic	-