Dec 18, 2024  
University of Alberta Calendar 2016-2017 
    
Catalog Navigation
  Calendar Home
  Notes re: Archived Calendars
  Message from the President
  Inquiries
  Academic Schedule
  Undergraduate Application Deadlines for Admission and Readmission
  Undergraduate Admission
  University Regulations and Information for Students
  The Faculties
  Undergraduate Programs
  Graduate Programs
  Glossary
  Course Listings
  General Information
  University Staff
  Errata
  PDF version
  Previous Calendars
HELP
University of Alberta Calendar 2016-2017 [ARCHIVED CATALOG]

AREC 487 - Managing Market Risk in Resource Industries

★ 3 (fi 6) (either term, 3-0-0) 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: One of the following: AREC 200, AREC 365, ECON 281, FIN 301, or equivalent, or consent of instructor.