Inhalt

[ 514IFEKFIMK21 ] KS Financial Markets

Versionsauswahl
Es ist eine neuere Version 2025W dieser LV im Curriculum Bachelor's programme International Business Administration 2025W vorhanden.
Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS B2 - Bachelor's programme 2. year Economics Johannes Muthers 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites KS Introduction to Microeconomics AND IK Introduction to Microeconomics
Original study plan Bachelor's programme International Business Administration 2021W
Objectives Students will acquire a basic understanding of core theoretical concepts pertaining to financial markets which are embedded in simple static models of financial economics. The students will have a theory-based understanding of the determinants of the real interest rate and how to measure and price financial risk.
Subject Clarification of the following basic terms will be covered:

  • Introduction: History of financial markets
  • Complete Financial markets under certainty
    • Consumption and saving
    • Equilibrium real interest rate
    • Present value asset pricing
  • Uncertainty and risk in financial markets
    • Individual decisions under risk and the expected utility concept
    • Optimal Portfolios under risk
    • Consumption based asset pricing and the Capital Asset Pricing Model
  • Financial crisis and investor behaviour
Criteria for evaluation Exam, Assignments
Methods Lecture, practice exercises, contributions by students
Language English
Study material Eichberger; Harper, Financial Economics, Oxford University Press, 1997
Changing subject? No
On-site course
Maximum number of participants 100
Assignment procedure Assignment according to priority