ECC5475 - Financial economics - 2019

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Business and Economics

Organisational Unit

Department of Economics

Chief examiner(s)

Dr Matthew Leister

Coordinator(s)

Dr Matthew Leister

Unit guides

Offered

Clayton

  • Second semester 2019 (On-campus)

Prerequisites

ECC2000 or ECF5410 or equivalent, or be granted permission by the Chief Examiner.

Synopsis

Theories of hedging and speculation; determination of spot and futures prices, and intertemporal allocation; market efficiency; expectations, including adaptive expectations and rational expectations.

Outcomes

The learning goals associated with this unit are to:

  1. understand the trade-off between risk and return
  2. develop the ability to understand literature in financial economics
  3. understand the concepts of adaptive and rational expectations
  4. develop analytical, written and oral skills by writing and presenting research papers.

Assessment

Within semester assessment: 60% + Examination: 40%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information