Asset Pricing by John Cochrane and Financial Decisions and Markets by John Campbell, lecture notes, and readings posted weekly on the course web site.

The course grade is based on class participation, homework assignments, and a final examination in class. Students are expected to read the assigned materials in advance, participate in the class discussion, and work on extensive problem sets. Problem sets account for 20% of the grade and the final examination accounts for 80%.  Class participation counts when the performance on the final examination lies between two grades.

• No auditors

• No pass/fail grades