Lecture #1 - Ec 136, Financial Economics Lecture 1 August...

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon
Ec 136, Financial Economics Lecture 1 August 27
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Outline for today 1. About the course. 2. Financial investments. 3. Returns. http://econ.berkeley.edu/~szeidl/ec136/ec136index.htm Readings for this week: BKM Chapters 1-2.
Background image of page 2
1. This course focuses on questions like 1. How much do stocks earn relative to bonds, and why? 2. Why do some stocks earn higher returns than oth- ers? 4. How should we invest our ±nancial wealth? 5. What are the uses of derivative securities like op- tions?
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
1000 1500 2000 2500 Nominal stock and bond performance 1926-2008 Stock index Gov't bond index 0 500 1926 1929 1932 1935 1938 1941 1944 1947 1950 1953 1956 1959 1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007
Background image of page 4
100 1000 10000 Nominal stock and bond performance, log scale Stock index Gov't bond index 0.1 1 10 1926 1929 1932 1935 1938 1941 1944 1947 1950 1953 1956 1959 1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
10 100 1000 Real stock and bond performance, log scale real stock index real gov't bond index 0.1 1 1926 1929 1932 1935 1938 1941 1944 1947 1950 1953 1956 1959 1962 1965 1968 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007
Background image of page 6
100 1000
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 8
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/02/2010 for the course ECON 136 taught by Professor Szeidl during the Fall '08 term at University of California, Berkeley.

Page1 / 16

Lecture #1 - Ec 136, Financial Economics Lecture 1 August...

This preview shows document pages 1 - 8. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online