The document outlines the topics to be covered in Lecture 2 of the EC4024 course, including mini presentations on financial economics, time and risk, markets and arbitrage, and equilibrium. It also briefly introduces some key concepts like money, banks, price-quantity graphs, stocks, bonds, assets, derivatives, time value, risk and return, valuation, and portfolios. Students are directed to read the first chapter of the Pilbeam textbook and check the course website for more information.

1. EC4024
Lecture 2
Data and Terminology

2. Mini Presentations

3. What is Financial Economics?
Time & Risk
Markets & Arbitrage
Equilibrium

4. But First...

5. Money

6. Banks

8. Also:
Price in €
100
80
60
40
20
Quantity of items
50 100 150 200

9. Handout

10. Stocks

11. Bonds

12. Assets

13. Forwards & Futures

14. Options

15. Time Value

16. Risk & Return

17. Valuation

18. Random

19. Portfolio

20. Next Week
Read Pilbeam, Cht. 1
Check www.stephenkinsella.net