Course Detail (Course Description By Faculty)

Asset Pricing I (34901)

This PhD-level course covers fundamental concepts in Asset Pricing. John Heaton will give the first nine lectures, and Lars Peter Hansen will give the second nine lectures. Please see syllabus link for further details.
BUSN 34901=ECON 35050

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 pass/fail grades
  • No auditors
Description and/or course criteria last updated: July 01 2026
SCHEDULE
  • Autumn 2026
    Section: 34901-50
    TTH 8:30 AM-9:50 AM
    Harper Center
    3B - Seminar Room
    In-Person Only

Asset Pricing I (34901) - Hansen, Lars>> ; Heaton, John>>

This PhD-level course covers fundamental concepts in Asset Pricing. John Heaton will give the first nine lectures, and Lars Peter Hansen will give the second nine lectures. Please see syllabus link for further details.
BUSN 34901=ECON 35050

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 pass/fail grades
  • No auditors
Description and/or course criteria last updated: July 01 2026
SCHEDULE
  • Autumn 2026
    Section: 34901-50
    TTH 8:30 AM-9:50 AM
    Harper Center
    3B - Seminar Room
    In-Person Only