ECO423A - Financial Economics

Basic accounting principles; Basics of financial markets; Return, risk and risk a version; How securities are traded?; Mutual funds and the institutional environment; Portfolio selection; The capital asset pricing model; Index models and the arbitrage pricing theory; Empirical evidence of market returns; Market efficiency; Bond prices and yields; The term structure of interest rates; Managing bond portfolio; Security analysis; Options and other derivatives; Option valuation; Futures and forward markets; Portfolio management techniques.