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ECX5475 - Hedging and uncertainty6 points, SCA Band 3, 0.125 EFTSLPostgraduate Faculty of Business and EconomicsLeader: To be advisedOfferedClayton Second semester 2008 (Day) SynopsisTheories of hedging and speculation; determination of spot and futures prices, and intertemporal allocation; market efficiency; expectations, including adaptive expectations and rational expectations. Contact hoursThree contact hours per week Prohibitions |