Asset Pricing

Accademic Year 2024/2025

This course teaches financial theory and the quantitative tools necessary for understanding how asset prices are determined, and how to invest in financial assets. The focus is on pricing, trading and the uses of specific asset classes (stocks, bonds, cryptosecurities and derivatives). The course emphasizes the interaction between investment decisions, financial intermediaries, and the broader macroeconomic environment. The course is quantitative and challenging. It takes a rigorous and critical view of the process of investing. The key role of responsible investments is also addressed as well as the fintech innovation. The aim is to provide the students with a lasting conceptual framework in which to view and analyze investment decisions. The course will relate the material to current financial news, the recent financial crisis and problems relevant to the practitioner.

Marcello Minenna, Professore, Economista

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G20 Economic Policy A Balance of Payments Framework

5th August 2024

This book examines the statistics of the G-20 members with the goal of providing an analysis of their economic policies, with a particular emphasis on the financial dynamics of each country’s Balance of Payments, in order to offer a framework for better understanding where we are headed in an era of great economic and geopolitical reconfiguration.

Furthermore, it delves into the current challenges to the US-led monopolar world that emerged after the collapse of the Soviet Union, beginning with the rise of China and India alongside Russia, and their potential role in reshaping the global financial system. The focus also extends to South America, where economies such as Brazil and Argentina are navigating complex relationships with traditional allies and emerging global powers. Africa’s position in this evolving landscape is also analyzed, highlighting its growing autonomy as exemplified by the African Union’s inclusion in the G-20. Furthermore, the Middle East is undergoing a remarkable geopolitical shift, undoubtedly representing another node of power in the emerging economic chessboard. These geopolitical dynamics are further complicated by major global events, including the 2008 global financial crisis, the Eurozone sovereign debt crisis, the COVID-19 pandemic in 2020, and the Russo-Ukrainian conflict in 2022. Pressing challenges are also posed by the climate emergency, highlighting its direct impact on productivity and migration patterns.

Finally, this book seeks to contribute to a nuanced understanding of the current economic realities of key global actors and their complex interplay with geopolitical choices. Based on a scholarly approach, the analysis provides insights into the complex and evolving global order.

Browse the book: Table of Contents

                                List of figures

Available on routledge.com