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ECON 4051 [0.5 credit] Financial Asset Pricing


Factors that drive security prices and models that attempt to account for aspects of security returns, including the generic arbitrage pricing model, the capital asset pricing model (CAPM), the consumption CAPM, and the intertemporal CAPM.
Precludes additional credit for BUSI 3500, ECON 3500 (no longer offered), BUSI 3502, ECON 3502 (no longer offered).
Prerequisite(s): ECON 3050 with a grade of C- or higher, and ECON 2220 (or equivalent) with a grade of C- or higher.
Lectures three hours a week.