Module Outline
ECON 923
Portfolio Management
Module Information
Module leader:
Professor lan Henry
Please call me lan
Email address: [email protected]
Telephone number: 0151 79 52177
Office address: F7 ULMS
Office hours: Mondays 10:00-12:00
2
Or by app
Econ 923 Portfolio Management
Seminar: Investment decisions under certainty
Week 2, Semester 1, 2016-17
Please prepare solutions to the following questions. I will discuss the solutions in the seminar.
1. An individual has two employment opportunities inv
Seminar 1
ECON 923
Portfolio Management
Question 1
An individual has two employment opportunities involving
the same work conditions but different job incomes. Job 1
yields Y1=50,Y2=30. Job 2 yields Y1=40,Y2=40. Given that
markets are perfect and bonds yi
Investment decisions under uncertainty
ECON 923
Portfolio Management
Announcement
Student Cards
If you have not already done so, please collect your Student
Card
Further information from the SSO in ULMS
Reference Letters
Apply via [email protected]
Financial Theory and
Corporate Policy
Thomas E. Copeland and J.Fred Weston
1
2 3
4
5
6
7 CAPM APT
8
9
10
Introduction: Capital Markets,
Consumption, and Investment
Financial theory
Markowitz
and Tobin
Sharpe CAPM
Black-Scholes Merton
A
The CAPM and multi-factor asset
pricing models: I
ECON 923
Portfolio Management
The mean-variance approach to
portfolio management: II (continued)
ECON 923
Portfolio Management
Topics
Material from last lecture
Optimal Portfolio choice
Efficient set with
