FOUNDATIONS OF ASSET PRICING
These are
my notes for a graduate course on asset pricing. Background that is useful but
not essential is basic calculus and linear algebra, beginning graduate level microeconomic
theory, beginning graduate level macroeconomic theory, rudimentary knowledge of
portfolio theory, and working knowledge of the economics of risk and
uncertainty. On the whole, these notes start at a somewhat more basic
level than the textbooks of
Several of
the models and approaches utilized in the notes below are developed by
myself. I want to raise this issue for two reasons: 1. Beware
of mistakes; 2. Please do not use original results from these notes
without proper reference.
The notes
are downloadable below as PDF files. If you would like answers to
selected questions in the notes, please e-mail me. Any comments or
suggestions are appreciated.
Downloadable PDF
Files -- Click to download. |
Return to Home Page
of Ron Balvers