Introduces the history and concepts of derivatives, including forward contracts, options, and their use in hedging and speculation.
Covers the basics of derivatives, including hedging, leveraging, spreads, payoffs, and pricing models for underlying assets.
Covers the fundamental theorems of asset pricing, including EMM, self-financing strategies, risk-neutral pricing, and completeness of markets.
Introduces derivatives, their value dependencies, historical evolution, and forward contract payoff structures.
Covers derivatives pricing, replication, and interpretation, including examples of call options, forward contracts, and put options.
Covers financial markets structure, participants, government debt, asset managers, market sizes, derivatives, trading frequencies, orders, and portfolio returns.
Explores factor models in finance, covering mean-variance portfolios, size and value anomalies, and momentum strategies.
Covers the Capital Asset Pricing Model, estimating betas, empirical evidence on returns versus beta, short-sale constraints, and optimal portfolio choice.
