Financial Theory and Policy

The course develops the main theoretical foundations of finance, including investment decision making, utility theory, portfolio theory, equilibrium asset pricing, arbitrage asset pricing, the term structure of interest rates, option pricing theory, derivatives pricing, asset prices informational efficiency, asymmetric and incomplete information, agency theory, performance measurement, corporate governance, and corporate … For more content click the Read More button below.The course develops the main theoretical foundations of finance, including investment decision making, utility theory, portfolio theory, equilibrium asset pricing, arbitrage asset pricing, the term structure of interest rates, option pricing theory, derivatives pricing, asset prices informational efficiency, asymmetric and incomplete information, agency theory, performance measurement, corporate governance, and corporate finance topics.

The course constructs the main developments in finance theory over the past 60 years, investigates gaps in current finance practices and investigates the need for future developments.

The course provides the theoretical foundations for subsequent finance study within the Master of Finance degree.  

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