The main aim of the course is to make asset pricing researches and to teach them. This course covers single period, discrete time, and continuous time models for classical results. Until midterm, single period and discrete time models will be based. After the visa, continuous time models will be processed. The main contribution of the course to the student is the acquisition of methods for determining the most appropriate trading price levels for non-core assets.
The topics of the course are as follows: Utility Functions and Portfolio Selection, Stochastic Discount Factors, Equilibrium, Efficiency and Pareto Optimality, Mean-Variance Analysis, Factor Models, Dynamic Collateral Markets, Dynamic Portfolio Selection and Dynamic Asset Pricing, Brownian Motion and Stochastic Calculus, Continuous Time Markets, Continuous Time Portfolio Selection, Option Pricing, Forwards, Futures, and Other Option Pricing, Real Options and Theory q