ECON 264BFundamentals and Bubbles in Asset Prices
Economics · 4 units · Graduate courses (200-299)
Designed for graduate students. Applications of dynamic general equilibrium to asset pricing in economies with exchange and production. Basic empirical puzzles in U.S. and international asset prices, 1880 to 2000: excess volatility, equity premium and risk-free rate puzzle, predictability. Models of habit formation, asset price bubbles, and limited arbitrage asset pricing theories. Market imperfections and bounded rationality.
S/U or letter grading.
When it runs
Not on the schedule for any of Fall 2025 through Spring 2027. UCLA publishes only that window, so this does not mean the course is gone — check the official listing.
Requisites
Official UCLA wording
Requisite: course 264A.
BruinTree reads · Prerequisite
confidence 1.00 · from textRequires
Everything that has to come before this course, not just the courses named in the requisite above.
ECON 264B
- ECON 264AGeneral Equilibrium and Finance
1 direct requisite. The whole upstream is here — 1 course over 1 level. Every course here opens its own tree.
Unlocks
What this course is a requisite for, and what those courses lead to in turn.
No course in the catalog lists this as a requisite.