May 13, 2024  
University of Alberta Calendar 2022-2023 
    
University of Alberta Calendar 2022-2023 [ARCHIVED CATALOG]

AREC 487 - Managing Market Risk in Resource Industries


Course Career Undergraduate
Units 3
Approved Hours 3-0-0
Fee index 6
Faculty Agric, Life & Environ Sciences
Department Resource Econ Enviro Sociology
Typically Offered either term

Description
Study of the mechanics and economic functions of commodity futures and options derivative markets. Topics include the theory and practice of hedging, price formation and issues unique to commodities. Emphasis on concepts and analysis to evaluate derivative markets; use of derivatives to manage market risk in agribusiness, forestry and other resource businesses. Prerequisite: AREC 200, AREC 365, ECON 281, or FIN 301.