The aim of this course is to combine the theoretical aspects of the financial economy with the knowledge and the functioning of the financial market, and of the processes that determine the yield and the variability of the financial securities. In the first part, after the introduction relative to the financial markets the attention is focusued on the mean variance model and CAPM. In the second part of the course will introduce the basics elements of the expected utility theory and trade of assets in the presence of risk (typical example of financial and insurance markets).

First part

Portfolio theory:
The mean-variance model of Markovitz

The CAPM
Second part
The expected Utility theory
Risk aversion
Insurance market

Handouts and other educational material made available on the platform  Moodle › blended.uniurb.it.

- Knowledge and comprehension skills: at the end of the course students must have acquired the knowledge and understanding of the specificity of the relations that are held in the financial markets and and economic agents such as savers, investors, intermediaries and managers of savings. In particular students must know and understand the specificity and the problems of the asset pricing. Lectures, testimonies, analysis and discussion of financial data, group work and study seminars will help in improving the quality of the course

- Knowledge and comprehension skills applied: Students should be able to apply in an appropriate manner the knowledges acquired in order to analyze, understand and resolve problems relating to the management of portfolios.

- Independence of judgment: Students should have the ability to connect in integrated schemes the knowledges acquired during the course, and to operate and take decisions in presence of complex problems.

- Communicative ability: Students should acquire the capacity of clear communication thanks to the acquisition of a good mastery of vocabulary related to the topics covered during the course.

- Ability to learn: Students should develop a good capacity for learning, which will enable them to deepen the knowledge acquired during the course facing subsequent paths to improve their skills and abilities through professional experiences and work

The teaching material prepared by the lecturer in addition to recommended textbooks (such as for instance slides, lecture notes, exercises, bibliography) and communications from the lecturer specific to the course can be found inside the Moodle platform › blended.uniurb.it

Tutorials with analytical applications and theoretical on financial theory

Teaching

Additional materials as PPT files and PDF files are available on the website of the exam and are an integral part of the examination.

Attendance

- E. Saltari, Appunti di Economia Finanziaria, ed. Esculapio, 2011
- Handouts and other educational material made available on the platform  Moodle › blended.uniurb.it.

Course books

- E. Saltari, Appunti di Economia Finanziaria, ed. Esculapio, 2011
- Handouts and other educational material made available on the platform  Moodle › blended.uniurb.it.

Assessment

Written examination with four questions. The duration of the examination is h. 01.10.

Disability and Specific Learning Disorders (SLD)

Students who have registered their disability certification or SLD certification with the Inclusion and Right to Study Office can request to use conceptual maps (for keywords) during exams.

To this end, it is necessary to send the maps, two weeks before the exam date, to the course instructor, who will verify their compliance with the university guidelines and may request modifications.

Teaching

Additional materials as PPT files and PDF files are available on the website of the exam and are an integral part of the examination.

Course books

- E. Saltari, Appunti di Economia Finanziaria, ed. Esculapio, 2011
- Handouts and other educational material made available on the platform  Moodle › blended.uniurb.it.

Assessment

Written examination with four questions. The duration of the examination is h. 01.10.

Disability and Specific Learning Disorders (SLD)

Students who have registered their disability certification or SLD certification with the Inclusion and Right to Study Office can request to use conceptual maps (for keywords) during exams.

To this end, it is necessary to send the maps, two weeks before the exam date, to the course instructor, who will verify their compliance with the university guidelines and may request modifications.

The student  of the Erasmus Program can request to sit the final exam in English with an alternative bibliography.