Risk and Financial Economics
1
2018-2019
02009015
Economics
Portuguese
Face-to-face
SEMESTRIAL
6.0
Compulsory
2nd Cycle Studies - Mestrado
Recommended Prerequisites
Economics of Money and Finance and Statistics
Teaching Methods
Theoretical-practical lectures based on expositive and interactive methods and through the use of audiovisual techniques. In these lectures students also carry out individual practical works and group discussion of problems in a real world framework. The theoretical-practical lectures are complemented with office hours for individual attendance
Learning Outcomes
The aims are that students acquire competencies in the following subjects: 1. The organization and functioning of financial markets. 2. The economic theory of choice. 3. The mean variance portfolio theory. 4. Models of equilibrium in the capital markets. 5. Efficient markets. 6. Interest rate theory and the pricing of bonds. 7. Interest rate risk and the management of bond portfolios. 8. Financial futures 9. Negotiable financial options.
Work Placement(s)
NoSyllabus
1. The organization and functioning of financial markets. 2. The economic theory of choice. 3. The mean variance portfolio theory. 4. Models of equilibrium in the capital markets. 5. Efficient markets. 6. Interest rate theory and the pricing of bonds. 7. Interest rate risk and the management of bond portfolios. 8. Financial futures 9. Negotiable financial options
Head Lecturer(s)
José Alberto Soares da Fonseca
Assessment Methods
Assessment
1 Intermediate test 50% and Final Exam: 50%; or Final Exam 100%: 100.0%
Bibliography
J. A. Soares da Fonseca, Economia monetária e financeira, Imprensa da Universidade de Coimbra, Coimbra, 2010.
J. A. Soares da Fonseca, Obrigações : métodos de avaliação e de gestão do risco de taxa de juro, Associação da Bolsa de Derivados do Porto, Porto, 1999.
C. Jones, Financial economics, Routledge, London, 2008.
E. J. Elton (et al.), Modern portfolio theory and investment analysis, 8th ed., John Wiley & Sons, Hoboken, 2011.