1. Customizing the slides ä Fill in your name, college, semester, logo, and any other information you like on the first slide. ä Add administrative and organizational information on the following slides. ä If you would like to use other fonts, use "Format"  "Replace Fonts…" to replace the Verdana typeface used here. ä The slides use background colors to highlight certain slides or to mark a new topic. You can customize the color schemes with "Format"  "Slide Color Scheme…"  "Apply" (not "Apply to All" !) ä These presentations are designed to be used with a projector (light text on dark background). If you prefer a conventional overhead projector you should probably switch to dark text on light background. To do this, choose "Format"  "Slide Color Scheme…" [choose the white scheme]  "Apply to All" … or you can download the black and white version of these slides from the book's website. ä You can add more slides with Ctrl-M or you can duplicate a slide with Shift- Ctrl-D. ä You can change the layout of the slides with "Format"  "Slide Layout…"

2. Microfoundations of Financial Economics An Introduction to General Equilibrium Asset Pricing Name of Instructor Institution, Department Course number, Semester

3. Contact ä Class schedule (time & location): … ã Instructor … ã email … ã office hours … ä Tutorial schedule: … ã TA … ã email … ã office hours … ä Course homepage: …

4. Grading ä … % of grade will be based on assignments. ä There will be a midterm exam, worth …% of the final grade. ä The final exam at the end of the semester is worth …%. ä It is also possible to earn additional credits by writing a term paper.

5. Textbook ä The course is based on Yvan Lengwiler, Microfoundations of Financial Economics, Princeton University Press, 2004. ä The book is in reserve at the library and is available at the local book store…

6. Other reading ä Supplementary texts to which we will occasionally refer are ã Gollier, The Economics of Risk and Time (MIT Press). ã Cochrane, Asset Pricing (Princeton University Press). ã Campbell, Lo, and MacKinlay, The Econometrics of Financial Markets (Princeton University Press). ã Danthine and Donaldson, Intermediate Financial Theory (Prentice Hall). ã LeRoy and Werner, Principles of Financial Economics (Cambridge University Press). ã Campbell and Viceira, Strategic Asset Allocation (Oxford University Press). ã Ljungqvist and Sargent, Recursive Macroeconomic Theory (MIT Press). Please amend according to your needs.

7. Other reading ä It is important that you also read original literature. ä For your convenience, a reader with a collection of articles for parallel study has been placed in the library. ä A list of references with links to online- versions of most papers is available from www.wwz.unibas.ch/witheo/yvan/book/lit.html