A market is efficient with respect to a particular set of


`A market is efficient with respect to a particular set of information if it is impossible to make abnormal profits by using this set of information to formulate buying and selling decisions.'

YOU ARE REQUIRED to critically discuss the above statement with reference to technical analysis and fundamental analysis.

Students will be expected to research the topic themselves and provide a well-argued essay addressing the topic.

Maximum words: 2,000 (excluding appendices)

Coursework Marking Criteria

Your coursework will be awarded a grade in accordance with the following criteria:

A good assignment will:

(i) be clearly and appropriately structured;

(ii) demonstrate a good understanding of the issues involved;

(iii) put forward all the relevant arguments in a logical format;

(iv) show evidence of original thinking and research into the topic
(all references should be properly acknowledged);

(v) use language in a precise and concise manner.

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Financial Management: A market is efficient with respect to a particular set of
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