Incomplete financial markets

Course
EFI257
Bachelor’s level
7.5 credits (ECTS)
Offered by the Programme in Business and Economics at School of Business, Economics and Law
Study pace
100%
Time
Day
Location
Göteborg
Language
English
Duration
-
Part of semester
Quarter 3

About

This course is divided into two parts where each part will demonstrate the importance of incompleteness in financial markets.

The first part deals with investors investment decisions when: part of their wealth is non-tradeable, typically incomes; or their predictions about future securities returns are different between investors or some investors are better informed.

The second part of the course focuses on valuing projects (real options) where part of the value stems from development of the project. 

This course is open to

Exchange students at School of Business, Economics and Law and exchange students on a university-wide agreement. Please contact your international coordinator at the University of Gothenburg if you need to know more.

English proficiency

If you have questions about English proficiency requirements, please contact your international coordinator at the University of Gothenburg.

This course can be combined with

Financial history (EFI255), Managerial economics (EFI256) and Corporate finance law (EFI258)

Application

Do you want to apply for exchange studies at the University of Gothenburg?

Read more on the page Apply for exchange studies