ec4024 2009 lecture 1 introduction to the course
TRANSCRIPT
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Financial Economics EC4024 2009
Dr Stephen [email protected]
www.stephenkinsella.nettwitter.com/stephenkinsella
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What’s this course about?
• Markets
• Macroeconomics
• Finance/Public Policy
• Meltdowns & the Future of the Financial System
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You’ll learn
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You’ll learn
1. How to read the financial pages
2. How to comment intelligently on current affairs
3. Understand & Critique Basic Models
4. Some econophysics & real market data
5. Trading Simulations & Experiments
6. Working with Real Data
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Last Year’s Course
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Introduction
Markets & Finance Risk & Uncertainty
Portfolio Analysis
CAPM APT EMH
Options, Futures, BS
Behavioural Finance
Prob. Theory
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“Time changes everything except something within us which is always surprised by change.”-Thomas Hardy
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2000 2002 2004 2006 2008
10000
5000
3000
7000
^ISEQ, Irish Stock Exchange, 1999---?
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2000 2002 2004 2006 2008
10000
5000
3000
7000
^ISEQ, Irish Stock Exchange, 1999---?
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This Year’s Course
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Intro/Data
Structure of System Physical Descriptions
Crisis/Options
CAPM APT EMH
Behavioural Finance
Lab Tim
e / Experiments
“Other”
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Stuff I expect you to know from EC4004
Marginal AnalysisDescription of Households & FirmsTheory of the Business CycleGame Theory
stephenkinsella.net/teaching
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Grading
PS1 10% (Due week 4)
PS2 10% (Due week 8)
PS2 10% (Due week 10)
Final Exam 70%
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Materials
Course Page on stephenkinsella.net/
Regular Blog Posts, links to media
Textbook, Pilbeam, Finance & Financial Markets, 50 Copies in Bookshop, 2 on 3hr reserve in Library.
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Mini Presentations
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Email by 5pm TODAY if you don’t want to be a volunteer
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PRIZE FOR ORIGINALITY:
100 EUROS
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Policies
Do reading before class
Do exercises in notes
Show up to lectures, check site daily.
Email whenever, but...
Don’t send me text messages!
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Read Pilbeam, Cht 1& Lecture Notes on
Web
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