490_lecture1_2010 - Lecture 1 Overview Demand for Assets...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Lecture 1 Overview Demand for Assets Rate of Return Short Sales Arbitrage Examples of Assets In Financial Economics we develop and apply theories that work for a variety of assets and the markets on which they are traded. Examples of Assets In Financial Economics we develop and apply theories that work for a variety of assets and the markets on which they are traded. Stocks: Shares of Firms Bonds: Long term debt issued by government or firms. Bills: Short term debt - Money Market Commodities: Metal, Oil, Ag. Products ... Examples of Assets In Financial Economics we develop and apply theories that that work for a variety of assets and the markets on which they are traded. Physical Assets: - Real Estate, Mortgage back securities... Foreign Exchange Markets Derivative Markets: - Options, Forwards, Futures, Swaps...
Image of page 1

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

View Full Document Right Arrow Icon
Outline of Models Used Roughly speaking, we will investigate two types of models: Models in which investors chooses a portfolio of assets that “maximizes their utility.” Models in which we make conclusions about prices, assuming that there is “no arbitrage.” Demand for Assets
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern