Analyse the relative merits of the capital asset pricing model (CAPM) and empirical approaches to asset pricing.

the topic :
Critically analyse the relative merits of the capital asset pricing model (CAPM) and empirical approaches to asset pricing ( such as the fama and french model)

the essay must focus on theoretical justifications as well as practical considerations. You must demonstrate reading and research well beyond the material discussed in lectuers. your essay will benefit from the inclusion of insights from academic and practitioner research. support your arguments with examples when possoble.

you should ensure careful citation of all paper and electronic sources information and include a list of references.

word limit: 2000 words ( approximately 6 pages A4 1.5 spacing)
please state the word count on the cover of the page of your work.

deadline: 3pm 12 November 2010