BFX5004 · Asset pricing theory

Overview

This unit introduces you to the classical and modern theories of asset pricing. Topics covered include investors decision making and preferences; alternative asset pricing models; market imperfections and anomalies; and the implications of financial market prices on the real economy. There is a strong focus on understanding asset pricing theories and the importance and applications of these theories in practice.

Offerings

The Handbook publishes no offerings for this unit.

Assessment

The Handbook publishes no assessment items for this unit yet.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. develop fundamental knowledge on the theoretical foundations of asset pricing models
2. critically analyse research papers examining current issues in asset pricing theories
3. demonstrate an ability to develop empirical testing and analysis of asset pricing theories
4. apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with issues in asset pricing theories and demonstrate in an individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered by BFX5004.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.