Most of these slides are based on lecture notes by Peter Ireland.
Math preliminaries and general equilibrium
Measures of risk aversion and their interpretation (up to page 66, stochastic dominance has not been covered)
Risk Aversion and Investment Choices
APT and Multifactor Models, Fama-French three factors
Arrow-Debreu Equilibrium and the CAPM
Arrow-Debreau Pricing: Arbitrage
Term Structure of Interest Rates
The exam will be composed by one numerical exercise and by one question. You can reply in Italian. If you want to use english, then your written english must be good. If i do not understand what you write, I will consider it as wrong.
To register your result you need to pass also the other part of the course of Financial Economics, taught by Piergiovanna Natale. When you register for the part taught by Prof. Natale, also sign up to register Financial Economics. Once you have done that, and passed all the parts, your result will be registered.
University rules about the results of written tests:
Notice that all positive results (larger or equal to 18/30) obtained in a written test will be automatically recorded. The student can opt for an oral test, typically online, where the potential result is included in the range [-3,+3]. This means that if, for example, a student has a 21/30 in the written part it could translate into a final result included between 18/30 and 24/30. Similarly, a result equal to 18/30 in the written test could translate into final results ranging from 15/30 (fail) to 21/30, and so on.
Oral tests are held in English.
I report just the results of those students who passed the exam
Results 27/2/23, Solution to exercise
Results up to 24/2/2022
Results 22/4/2020, mail by May 12 at 12 am if you do not want your result to be registered
Results 23/6/22, mail by july 1 at 12 am if you do not want your result to be registered
Results 19/7/22, mail by july 27 at 12 am if you do not want your result to be registered