General Equilibrium Theory

Details: Undergraduate course, University of Cambridge, 2024-2025

Syllabus: This class introduces students to general equilibrium theory, with which should be understood 'the theory of how markets behave and interact and what the consequences are for the quality (efficiency) of ensuing allocations.': Applications in finance are focused on, which means that students will gain insight into widely used concepts such as alphas and betas, prediction markets, subprime loans, or derivative deltas.