{"id":46585,"date":"2022-07-21T12:37:39","date_gmt":"2022-07-21T10:37:39","guid":{"rendered":"https:\/\/prawo.uwr.edu.pl\/?page_id=46585"},"modified":"2022-12-29T10:55:50","modified_gmt":"2022-12-29T09:55:50","slug":"capital-market","status":"publish","type":"page","link":"https:\/\/prawo.uwr.edu.pl\/en\/bba-bachelor-of-business-and-administration\/capital-market\/","title":{"rendered":"Capital Market"},"content":{"rendered":"\n
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Capital Market<\/h1>\n\n\n

Program:<\/strong>  Bachelor of Business and Administration (Specialisations: Business, Finance, Governance)<\/a>
ECTS:<\/strong>  3
Lecturer:<\/strong>  Arkadiusz Siero\u0144
Email:<\/strong>  arkadiusz.sieron@uwr.edu.pl<\/a><\/p>\n\n\n\n

Type:<\/strong>  Optional
Level: <\/strong> Elementary<\/p>\n\n\n\n

Lecture<\/strong>
Number of hours: <\/strong> 2h X 6 weeks = 12 hours (1 semester)<\/p>\n\n\n\n

Classes<\/strong>
Number of hours:<\/strong>  2h X 4 weeks = 8 hours (1 semester)<\/p>\n<\/div>\n<\/div>\n\n\n\n

\n

Biography of the Professor<\/strong>
Assistant Professor in the Institute of Economic Science, an author of over 25 scholarly publications, including one book. His research focuses primarily on the monetary economics, the business cycle theory, the Cantillon effect, theory of banking, theory of income inequality, heterodox economics, financial markets, and the precious metal markets. He is especially interested in analyzing the effects of monetary inflation. He is also the board member at the Polish Mises Institute think tank and a Laureate of the 6th International Vernon Smith Prize. Privately he enjoys taking B&W photographs, playing chess, hiking through the mountains, and listening to rock music.<\/p>\n\n\n\n

Requirements for passing a course<\/strong>
Final exam (written) \u2013 40% Problem set to solve 40% Class participation 20% To pass a student needs 50%, for B \u2013 70%, for A \u2013 90%.<\/p>\n\n\n\n

Problem issues<\/strong><\/p>\n\n\n\n

  • Investment Analysis<\/li>
  • Risk-return trade-offs<\/li>
  • Diversification<\/li>
  • The term structure of interest rates<\/li>
  • Arbitrage<\/li>
  • CAPM Model<\/li>
  • Modern Portfolio Theory<\/li>
  • Individual Portfolio Management<\/li>
  • Ethics in Capital Market<\/li>
  • Asset Valuation<\/li>
  • Fundamental and technical analyses<\/li>
  • Active versus passive investing<\/li>
  • Efficient Market Hypothesis<\/li>
  • Black swans, antifragility<\/li>
  • Stock and bond markets<\/li>
  • Derivatives<\/li>
  • Stock exchanges and their roles<\/li>
  • Asset bubbles<\/li>
  • Behavioral finance<\/li><\/ul>\n\n\n\n

    Sources<\/strong>
    Bodie Z., Kane A., Marcus A., Investments, 10th edition, McGraw-Hill Education, 2014.
    Frank K. Reilly, Keith C. Brown, Investment Analysis and Portfolio Management, 11th edition, Sandford Leeds: Books, 2018.
    Burton Malkiel, A Random Walk Down Wall Street, W. W. Norton & Company, 1973.
    Aswath Damodaran, Investment Valuation: Tools and Techniques for Determining the Value of Any Asset, 3rd edition, John Wiley & Sons, 2012.
    Nassim Nicholas Taleb: Black Swan: The Impact of Highly Improbable, Random House, 2007.
    Nassim Nicholas Taleb: Antifragile, Random House, 2012.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

    Program:  Bachelor of Business and Administration (Specialisations: Business, Finance, Governance)ECTS:  3Lecturer:  Arkadiusz Siero\u0144Email:  arkadiusz.sieron@uwr.edu.pl Type:  OptionalLevel:  Elementary LectureNumber of hours:  2h X 6 weeks = 12 hours (1 semester) ClassesNumber of hours:  2h X 4 weeks = 8 hours (1 semester) Biography of the ProfessorAssistant Professor in the Institute of Economic Science, an author of over 25 scholarly publications, including one book. His […]<\/p>\n","protected":false},"author":20,"featured_media":15783,"parent":40462,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[],"tags":[],"class_list":["post-46585","page","type-page","status-publish","has-post-thumbnail","hentry"],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","menu-24x24":"","menu-36x36":"","menu-48x48":""},"post_excerpt_stackable_v2":"

    Capital Market Program:  Bachelor of Business and Administration (Specialisations: Business, Finance, Governance)ECTS:  3Lecturer:  Arkadiusz Siero\u0144Email:  arkadiusz.sieron@uwr.edu.pl Type:  OptionalLevel:  Elementary LectureNumber of hours:  2h X 6 weeks = 12 hours (1 semester) ClassesNumber of hours:  2h X 4 weeks = 8 hours (1 semester) Biography of the ProfessorAssistant Professor in the Institute of Economic Science, an author of over 25 scholarly publications, including one book. His research focuses primarily on the monetary economics, the business cycle theory, the Cantillon effect, theory of banking, theory of income inequality, heterodox economics, financial markets, and the precious metal markets. He is especially interested in analyzing the effects of monetary inflation. He is…<\/p>\n","category_list_v2":"Uncategorized","author_info_v2":{"name":"mmatlinski","url":"https:\/\/prawo.uwr.edu.pl\/en\/author\/mmatlinski\/"},"comments_num_v2":"0 comments","acf":[],"yoast_head":"\nCapital Market - Wydzia\u0142 Prawa, Administracji i Ekonomii<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prawo.uwr.edu.pl\/en\/bba-bachelor-of-business-and-administration\/capital-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Capital Market - Wydzia\u0142 Prawa, Administracji i Ekonomii\" \/>\n<meta property=\"og:description\" content=\"Program:  Bachelor of Business and Administration (Specialisations: Business, Finance, Governance)ECTS:  3Lecturer:  Arkadiusz Siero\u0144Email:  arkadiusz.sieron@uwr.edu.pl Type:  OptionalLevel:  Elementary LectureNumber of hours:  2h X 6 weeks = 12 hours (1 semester) ClassesNumber of hours:  2h X 4 weeks = 8 hours (1 semester) Biography of the ProfessorAssistant Professor in the Institute of Economic Science, an author of over 25 scholarly publications, including one book. 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