ECON 4210
Topics in Financial Economics: Asset Pricing
The objective of the course is to develop the basic economic models that can be used to study the valuation of different financial assets and to discuss how to confront the theory with the evidence from financial markets. The course will develop the basic model of investment under uncertainty and discuss portfolio choices in static and dynamic settings as well as market equilibria and the impact of news on the forecast-ability of excess returns. The course will describe valuation in incomplete asset markets (e.g. arbitrage pricing theory) and the extension to the valuation of firms and real estate assets.
Instructors
Reviews
he tried to be funny but he was not. class was overcomplicated. the solutions was not well-written and then he does a poor job in phrasing the language of those homework questions sometimes even. good person, but say things in a blunt way if you are wrong
12/9/2025
Great professor. He is passionate about Asset Pricing and fills lectures with many anecdotes. He conveys the material clearly and will pause to answer questions. He is quite helpful during office hours.
1/21/2024