ECONOMICS OF FINANCIAL MARKETS

Second cycle degree in ECONOMIA INTERNAZIONALE (discontinued)

Campus: PADOVA

Language: English

Teaching period: First Semester

Lecturer: FULVIO FONTINI

Number of ECTS credits allocated: 9


Syllabus
Prerequisites: There are no prerequisites but a working knowledge of the main mathematical and statistical tools used in economics, such as constrained and unconstrained optimization, random variables, main descriptive statistics, and similarly.
Examination methods: oral exam.
Course unit contents: The course will be divided into four main arguments:
1)Introduction to risk and decision making under risk.
2) partial equilibrium models of decision making under risk
3) general equilibrium models of decision making under risk
4) financial derivatives, theory and applications

The following topics will be covered:
Introduction to choices under risk; optimal portfolio choices; efficiency and optimal allocation in financial markets; derivatives; financial and real options.