Antoine Bommier: Catalogue data in Spring Semester 2015

Name Prof. Dr. Antoine Bommier
FieldIntegrative Risk Management and Economics
Address
Integratives Risikomanag. und Ök.
ETH Zürich, SEC E 7
Scheuchzerstrasse 7
8092 Zürich
SWITZERLAND
Telephone+41 44 632 38 10
E-mailabommier@ethz.ch
DepartmentManagement, Technology, and Economics
RelationshipFull Professor

NumberTitleECTSHoursLecturers
363-0515-00LDecisions and Markets3 credits2VA. Bommier
AbstractThis course provides an introduction to microeconomics. The course is open to students who have completed an undergraduate course in economics principles and an undergraduate course in multivariate calculus. The course emphasizes the conceptual foundations of microeconomics and concrete examples of their application.
ObjectiveMicroeconomics is a element of nearly every subfield in economic analysis today. Model building in economics relies on a number of fundamental frameworks, many of which are introduced for the first time in intermediate microeconomics, a course which is customarily offered for third-year undergraduate majors in economics.

The purpose of this course is to provide MTEC master students with an introduction to graduate-level microeconomics, particularly for students considering further graduate work in economics, business administration or management science. The course provides the fundamental concepts and tools for graduate courses in economics offered at ETH and UZH.
ContentThe lectures will cover consumer choice, producer theory, markets and market failure. The course will include a concrete examples of the use of the theory of choice in applied economics.
Lecture notesThe course will be mostly based on the textbook by R. Serrano and A. Feldman: "A short Course in Intermediate Economics with Calculus" (Cambridge University Press, 2013)
Another textbook of interest is the one by H. Varian "Intermediate Microeconomics: A Modern Approach" (Norton, 2009)
LiteratureExercises are available in the textbook of R. Serrano and A. Feldman on which the lecture is based ("A short Course in Intermediate Economics with Calculus", Cambridge University Press, 2013).
More exercises can be found in the book by T. Bergstrom and H. Varian, "Workouts in Intermediate Microeconomics" (Norton, 2010)
363-1000-00LFinancial Economics3 credits2VA. Bommier
AbstractThis is a course on the economics of financial decision making. It discusses portfolio choice theory, risk sharing, market equilibrium and asset pricing.
ObjectiveThe objective is to introduce the students to the economics of financial decision making.
ContentAfter an introducory class, the following topics will be discussed:
Arbitrage; Choice under uncertainty; Portfolio Choice; Risk sharing and insurance; Market equilibrium under symmetric information; Market equilibrium with asymmetric information; Intertemporal evaluation in discrete time; Continuous Time Finance.
LiteratureSuggesting reading:
- Demange G. and G. Laroque, Finance and the Economics of Uncertainty, Blackwell, 2006.

Other readings:
- Indgersoll, J., E., Theory of Financial Decision Making, Rowman and Littlefield Publishers.
- Leroy S and J. Werner, Principles of Financial Economics, Cambridge University Press, 2001
364-1058-00LRisk Center Seminar Series Information Restricted registration - show details
Number of participants limited to 50.
0 credits2SH. Gersbach, K. W. Axhausen, D. Basin, A. Bommier, L.‑E. Cederman, P. Embrechts, H. R. Heinimann, D. Helbing, H. J. Herrmann, W. Mimra, R. O. Murphy, G. Sansavini, F. Schweitzer, D. Sornette, B. Stojadinovic, B. Sudret
AbstractThis course is a mixture between a seminar primarily for PhD and postdoc students and a colloquium involving invited speakers. It consists of presentations and subsequent discussions in the area of modeling and governing complex socio-economic systems, and managing risks and crises. Students and other guests are welcome.
ObjectiveParticipants should learn to get an overview of the state of the art in the field, to present it in a well understandable way to an interdisciplinary scientific audience, to develop novel mathematical models and approaches for open problems, to analyze them with computers or other means, and to defend their results in response to critical questions. In essence, participants should improve their scientific skills and learn to work scientifically on an internationally competitive level.
ContentThis course is a mixture between a seminar primarily for PhD and postdoc students and a colloquium involving invited speakers. It consists of presentations and subsequent discussions in the area of modeling complex socio-economic systems and crises. For details of the program see the webpage of the seminar. Students and other guests are welcome.
Lecture notesThere is no script, but the sessions will be recorded and be made available. Transparencies of the presentations may be put on the course webpage.
LiteratureLiterature will be provided by the speakers in their respective presentations.
Prerequisites / NoticeParticipants should have relatively good scientific, in particular mathematical skills and some experience of how scientific work is performed.