Università Roma Tre

THIS COURSE IS DESIGNED TO INTRODUCE STUDENTS TO ECONOMIC PRINCIPLES OF ASSET PRICING. THE FIRST PART OF THE CLASS IS AN INTRODUCTION TO SECURITY MARKETS AND PROVIDES THE DEFINITION OF KEY CONCEPTS, AMONG THEM THE NOTIONS OF RISK AND RETURN. THE STANDARD ASSET PRICING MODELS ARE PRESENTED BOTH THEORETICALLY AND EMPIRICALLY.

THE SECOND PART OF THE CLASS PRESENTS THE IMPLICATIONS OF BASIC MACROECONOMIC MODELS FOR ASSET PRICING. BOTH THE MAIN THEORETICAL CONTRIBUTIONS AND THE RECENT EMPIRICAL TESTS ARE PRESENTED.