15.433 | Spring 2003 | Graduate

Investments

Course Description

The focus of this course is on financial theory and empirical evidence for making investment decisions. Topics include: portfolio theory; equilibrium models of security prices (including the capital asset pricing model and the arbitrage pricing theory); the empirical behavior of security prices; market efficiency; …
The focus of this course is on financial theory and empirical evidence for making investment decisions. Topics include: portfolio theory; equilibrium models of security prices (including the capital asset pricing model and the arbitrage pricing theory); the empirical behavior of security prices; market efficiency; performance evaluation; and behavioral finance.
Learning Resource Types
Problem Sets with Solutions
Exams with Solutions
Lecture Notes
A graph of utility function.  The graph indicates risk aversion points.
Graph of utility function. (Graph by Prof. Reto Gallati.)