During this session, Dr Benjamin Hammer will introduce the concept of efficient capital markets. He will draw on insights from the research of the three winners of the 2013 Nobel Memorial Prize in Economics: Eugene Fama, Robert Shiller and Lars Peter Hansen. You will learn about the basic principles of company valuation and what affects stock prizes. This will help you understand how capital markets work. The session will also touch upon the topic of behavioural finance, i.e., psychological factors affecting financial decision-making.
