Asset Pricing: This course is an introductory survey of graduate-level academic asset pricing. We will focus on building the intuition and deep understanding of how the theory works, how to use it, and how to connect it to empirical facts.
Asset Pricing: about the Course
Asset Pricing Course Syllabus
Week 1: Introduction and Overview, Challenging Facts and Basic Consumption-Based Model
Asset Pricing Recommended Background
Asset Pricing In-course Textbooks
As a student enrolled in this course, you will have free access to selected chapters and content for the duration of the course. All chapters were selected by the instructor specifically for this course. You will be able to access the Coursera edition of the e-textbook via an e-reader in the class site hosted by Chegg. If you click on “Buy this book”, you will be able to purchase the full version of the textbook, rather than the limited chapter selection in the Coursera edition. This initiative is made possible by Coursera’s collaboration with textbook publishers and Chegg.
Asset Pricing
Author: Cochrane, John H.
Publisher: Princeton University Press
Asset Pricing Suggested Readings
Course Format
FAQ
- Will I earn a Statement of Accomplishment for this course?
Yes, we plan to offer a Statement of Accomplishment to those students who complete the course at a satisfactory level. - Will I need to purchase anything to succeed in this course?
We are trying to negotiate the availability of all class materials online for free. Some of the readings will require a free myJSTOR account (see jstor.org for more information). - What resources will I need for this class?
Time, a computer with a good internet connection, some programming language, and curiosity. - Do I need to be a finance professional to benefit from this class?
No. The course is directed at doing and understanding academic research as much as understanding the underpinnings of industry models. - Do I need a background in finance?
You should know what a stock and bond are, but an extensive knowledge of finance is not necessary. Those who bring previous experience will enjoy seeing familiar concepts united and brought to a deeper level.
I’m a professor of finance at the University of Chicago Booth School of business. I’ve been at the University of Chicago my entire professional life, since getting my PhD from the University of California at Berkeley in 1986.
John H. Cochrane
AQR Capital Management Distinguished Service Professor of Finance
Booth School of Business
The University of Chicago
I’m a professor of finance at the University of Chicago Booth School of business. I’ve been at the University of Chicago my entire professional life, since getting my PhD from the University of California at Berkeley in 1986.
I do research in asset pricing and monetary economics. You can find my full professional bio here, and a detailed cv here. My website is the best place to find out about me or to find anything I’ve written. I also write the “Grumpy Economist” blog which you might find entertaining, and which often touches on financial issues related to this class. In my free time (?) I fly gliders and windsurf.