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401-3956-00L 4 Credits BSC , DR , MSC D-MATH

Economic Theory of Financial Markets

Lecturers & Examiners: Prof. Dr. Mario Valentin Wüthrich
VVZ CR n/a

Last Updated: 2026-06-01 11:33:19

Abstract

This lecture provides an introduction to the economic theory of financial markets. It presents the basic financial and economic concepts to insurance mathematicians and actuaries.

Objective

This lecture aims at providing the fundamental financial and economic concepts to insurance mathematicians and actuaries. It focuses on portfolio theory, cash flow valuation and deflator techniques.

Content

We treat the following topics: - Fundamental concepts in economics - Portfolio theory - Mean variance analysis, capital asset pricing model - Arbitrage pricing theory - Cash flow theory - Valuation principles - Stochastic discounting, deflator techniques - Interest rate modeling - Utility theory

General Information

Language
English
Levels
BSC , DR , MSC
Frequency
Every two years

Examination

Type
session examination
Mode
oral 20 minutes
only in person exams (i.e. no remote exams)

Course Components

Type Title Time & Place Hours
lecture Economic Theory of Financial Markets
offered for the last time in FS 2025 / in FS 2027 a new course 401-3958-00 V is planned to take place
  • Mon 16:15-18:00 (HG E 1.1)
2 h weekly

Offered In