ECC4750 - Hedging and uncertainty

Offered

Clayton First semester 2007 (Day)

Synopsis

Theories of hedging and speculation; determination of spot and futures prices, and intertemporal allocation; market efficiency; expectations, including adaptive expectations and rational expectations

Assessment

Class paper (2500-words): 30%
Individual research project (4300 words): 70%

Contact hours

Three contact hours per week

Prerequisites

ECC4650 or equivalent