2007/08 Taught Postgraduate Module Catalogue

LUBS5126M Financial Economics

15 creditsClass Size: 100

Module manager: Prof Peter Moizer
Email: pm@lubs.leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2007/08

Module replaces

LUBS 5004M Corporate Finance

This module is not approved as an Elective

Objectives

On completion of this module, students should understand the mainstream approaches of financial economics, and possess a basic grounding in the tools used in financial services and quantitative investment analysis research, and the skills required for an academic research career in financial economics.

Syllabus

The syllabus covers the following topics. An introduction to financial economics; investment decisions; capital structure and dividend irrelevance theorems; the optimising approach to asset management; Markowitz-Mean Variance and Extensions; the economics of CAPM and extensions; APT and multi-factor market models; utility theory and investor choice; efficient markets and Martingale theory; the Black-Scholes equations and Greeks.

Teaching methods

Delivery type	Number	Length hours	Student hours
Lecture	10	2.00	20.00
Seminar	5	1.00	5.00
Private study hours			125.00
Total Contact hours			25.00
Total hours (100hr per 10 credits)			150.00

Private study

Private reading of 6 hours for each of the ten main topic areas: 60 hours;
Preparation for seminar: 15 hours;
Preparation for examination/ACW: 50 hours.

Methods of assessment

Exams

Exam type	Exam duration	% of formal assessment
Standard exam (closed essays, MCQs etc)	3 hr	100.00
Total percentage (Assessment Exams)		100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 20/05/2008

Disclaimer

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