In this course we study the consumer choice theory with uncertainty and the general equilibrium model with financial markets. Our goal is to introduce the fundamentals underlying portfolio choice theory and asset pricing.
Marta Cristina Vieira Faias Mateus
Weekly - 3
Total - 36
Basic notions of Analysis in Rn and Linear Algebra.
- Fudenberg F. and Tirole, J., Game Theory, The MIT Press, 1995.
- Hens, T. and Pilgrim, B., General Equilibrium Foundations of Finance, Springer-Science-Business Media, BV, 2002
- LeRoy S.L. and Werner, J., Principles of Financial Economics, Cambridge University Press, 2001.
- Magill, M. and Quinzii, M., Incomplete Markets: vol. I: finite horizon economies and vol. II: infinite horizon economies, Cheltenham, Northampton : An Elgar Reference Collection, cop. 2008.
- Mas-Colell, A., Whinston, M.D. and Green, J.R., Microeconomic Theory, Oxford University Press, 1995.
- Varian, H., Microeconomic Analysis, Viva-Norton Student Edition, 2009.
Classes/Labs where first the theoretical results are exposed, and secondly they are applied in the resolution of practical problems, proposed by the teacher. Proofs of some theoretical results are made, namely those that the Professor considers important for the understanding of these results.
Any questions or doubts will be adressed during the classes, during the weeekly sessions specially programmed to it or even at special sessions previously arranjed between professors and students.
1 - In order to be evaluated, the student must attend all theoretical-practical classes (up to a maximum of 3 unjustified absences).
2 - Evaluation
2.1 - The continuous evaluation of the course consists in two elements. An exam in the class with weight 60% and the discussion of a paper in group with weight 40%. The students must write a report with the discussion of the paper and a presentation of this discussion in class is also compulsory.
2.2 - Final exam evaluation. The student is aproved if the grade of the final exam is greater or equal than 9,5.
1. Consumer choice theory
2. Choice under uncertainty
4. Game theory
6. Incomplete markets
Programs where the course is taught: