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A History of Ideas - Buddhism's four Noble TruthsThursday, 2nd April 2015 12:04 - BBC Radio 4Naomi Appleton, Chancellor's fellow in Religious Studies at the University of Edinburgh, explores the Buddha's Four... Watch now: OU on the BBC: A History of Ideas - Buddhism's four Noble Truths
Joseph Fiennes on Romeo & JulietThursday, 2nd April 2015 20:00 - Sky Arts 1 HD
A History of Ideas - Ayn Rand and selfishnessFriday, 3rd April 2015 12:04 - BBC Radio 4
Thinking Allowed: Citizenship ceremonies and family tiesMonday, 6th April 2015 00:15 - BBC Radio 4
Thinking Allowed: Citizenship ceremonies and family tiesAvailable until Thursday, 31st March 2016 09:15Laurie Taylor and guests discuss studies into citizenship and the links between family ties and stories. Read more: Thinking Allowed: Citizenship ceremonies and family ties
OU on BBC: A History of Ideas - Ayn Rand and selfishnessMorality and selfishness sound like opposites - but not according to the Russian-American... Watch now: OU on BBC: A History of Ideas - Ayn Rand and selfishness
Take the photographic memory testCan you capture scenes just by looking at them? Find out with our photographic memory test. Launch now: Take the photographic memory test
The business of footballWelcome to this free new OpenLearn course produced by The Open University working in partnership... Try: The business of football now
Succeed with maths – Part 1[BETA] If you feel that maths is a mystery that you want to unravel then this short 8-week course... Try: Succeed with maths – Part 1 now
The financial markets context
How do financial markets match providers with users, and how efficiently does the...
How do financial markets match providers with users, and how efficiently does the market determine prices? Can investors rely on notoriously volatile stock markets to function efficiently? It can be difficult to determine whether successful investments are a matter of skill and luck. In this unit, you will interrogate whether markets can function efficiently, and what factors might militate against this. You will also learn the importance of the Efficient Markets Hypothesis.
By the end of this unit you should be able to:
- make an informed judgement about whether or to what extent a financial market satisfies the conditions of an efficient market;
- identify the main factors that could detract from that efficiency.
The financial markets context
How do financial markets match providers with users, and how efficiently does the market determine prices? Financial markets can be notoriously volatile, and the stock market is possibly the most volatile of them all. This is after all the place where, depending on skill or on luck, investors either ‘make a killing’ or ‘lose their shirts’. But which does it depend on – skill or luck? Or does it depend on a mixture of the two? In this unit, you will find the answers to these key questions and discover the importance of the Efficient Markets Hypothesis.
This material is from our archive and is an adapted extract from Financial strategy (B821) which is no longer taught by The Open University. If you want to study formally with us, you may wish to explore other courses we offer in this.
This is an extract from an Open University course which is no longer available to new students. If you found this interesting you could explore more free Accounting and Finance course units or view the range of currently available OU Accounting and Finance courses.