Monetary and Financial Economics (Field 3)

EE433 Asset Pricing Theory

3 (3-0-6)

Prerequisites: EE320 and EE311

Study concepts and frameworks of asset pricing theory in the intermediate level; the theory of choice under uncertainty; classical asset pricing theory in the discrete time such as the Capital Asset Pricing Model (CAPM), The Arbitrage Pricing Theory (APT), and The Consumption Capital Asset Pricing Model (C-CAPM); Empirical puzzles in asset pricing/returns and proposed resolutions in the literature.