This week’s topics
Investment Theories and Market Efficiency
- Modern portfolio theory
- Capital asset pricing model (CAPM)
- Arbitrage pricing theory
- Efficient market hypothesis and behavioural finance anomalies
- Ses 15: Portfolio Theory III & The CAPM and APT I
- The Efficient Market Hypothesis - Professor Jagjit Chadha
- The capital asset pricing model (part 1) - ACCA (AFM) lectures
What you will be able to do
- 3.1 Explain the principles of investment theory.
- 3.3 Critically assess the underlying concepts of market analysis and efficiency.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain the principles of investment theory.
Study materials
Videos
- The Efficient Market Hypothesis - Professor Jagjit Chadha · YouTube · Gresham College · 57 min · for registered students
- The capital asset pricing model (part 1) - ACCA (AFM) lectures · YouTube · OpenTuition · 30 min · for registered students
- Lionel Robbins Memorial Lectures 2010 - Market Efficiency and Rationality... · YouTube · LSE · 91 min · for registered students
- Portfolio Theory and the Capital Asset Pricing Model · YouTube · Gresham College · 65 min · for registered students
Further resources
- MIT 15.401 Finance Theory I, lecture notes: The CAPM and APT · PDF · Other, slides · for registered students
- MIT 15.401 Finance Theory I, lecture notes: Portfolio Theory · PDF · Other, slides · for registered students
- MIT 15.401 Finance Theory I, lecture notes: Efficient Markets · PDF · Other, slides · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
