Course Outline

    1. and functioning of business firms;
    2. Mechanism of economic control of business,
    3. Government regulations and behavior of business firms,
    4. Financial analysis and planning,
    5. Financial leverage,
    6. Financing in imperfect markets,
    7. Asset pricing theory in continuous time,
    8. Optimal portfolio and consumption decisions of investors including dynamic
      programming and martingale approaches,
    9. The pricing of contingent claims and the equilibrium asset pricing models (CAPM,ICAPM, CCAPM) and the APT.

Reference Books

      1. Bodie, Z., A. Kane, and A.J. Marcus, 2007. Investments. Irwin McGraw-Hill (7th edition)
      2. Elton, E.J. and M.J. Gruber, Modern Portfolio Theory and Investment Analysis, Wiley.
      3. Grinblatt, M. and S. Titman, Financial Markets and Corporate Strategy, Irwin cGraw-Hill.
      4. Huang, C.F. and R. Litzenberger, 1988. Foundations for Financial Economics, Prentice Hall.