Financial Economics


  • To discuss financial instruments and how they are traded.
  • To introduce the key tools used by financial economists.
  • To cover the major topics in financial economics including portfolio theory, diversification and mean variance analysis; asset-pricing models, efficient market hypothesis, and market anomalies.
  • To discuss the pricing of bonds, stocks, and other financial instruments.

Learning outcomes

Knowledge and understanding of:

  • financial instruments;
  • risk and return relationship;
  • diversification and mean-variance analysis;
  • asset-pricing models;
  • efficient market hypothesis;
  • market anomalies;
  • security prices and yields;
  • investment performance evaluation.

Division: ECN

Coordinator: Professor Liam Delaney



This module information is representative of what is included in the module in a given year. Details of actual reading, lectures and coursework may vary year to year and will be available at the beginning of the semester.

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