Module Directory


Module Description

Module Name
Module Code
Lecture Hrs
Practical Hrs
Advanced Financial Economics

Axioms of utility theory and the expected utility theorem. Measures of investment risk and their computations. Mean-Variance portfolio theory; the minimum variance portfolio and the capital market line. Single and multifactor models of asset returns; their results and implications and their limitations. Efficient Markets Hypothesis: theory, tests and empirical evidence. Stochastic models of the behaviour of security prices. Main concepts of Brownian motion. Option pricing models; Valuation methods; Models of the term structure of interest rates. Understanding simple models for assessing credit risk.
Faculty Department
FACULTY OF SOCIAL SCIENCES AND HUMANITIES Department of Economics and Statistics
Contact Details
Administrative assistant: DILMAHOMED BOCUS Bibi Swaleha
Telephone: 4037400


Disclaimer & Copyright | Home | Admissions | Calendar of Activities | Contact | Webmaster
University of Mauritius
Reduit, Mauritius
Tel : (230) 403 7400 Fax : 454 9642