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Economics of Finance (ECON90034)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Email: sdanilki@unimelb.edu.au
Semester 2
Email: sdanilki@unimelb.edu.au
Overview
Availability | Semester 1 Semester 2 |
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Fees | Look up fees |
This subject examines important features of financial markets, illustrating how economic analysis can aid understanding of those features. Topics considered may include: payments systems (drawing on network economics); security issuance techniques (drawing on auction theory); credit rationing (drawing on asymmetric economics); financial market regulation (drawing on the theory of regulation); macroeconomic determinants of financial prices; flow of funds analysis and long term influences on saving, investment and financial markets (such as retirement incomes policy); international debt defaults and enforcement and international agencies.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Apply economic theories to sharemarket and financial market situations;
- Evaluate macroeconomic policy in relation to current issues;
- Explain the importance of competition to the sharemarket performance of firms;
- Interpret the meaning and measurement of economic variables, such as the Gross Domestic Product;
- Explain the economic forces that determine sharemarket performance;
- Describe the roles of money and the financial system in the macroeconomy;
- Critically analyse macroeconomic policies appropriate to the achievement of macroeconomic objectives and to evaluate those policies;
- Analyse the factors influencing economic growth, exchange rates, and interest rates.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Evaluation of ideas, views and evidence
- Synthesis of ideas, views and evidence
- Critical thinking
- Application of theory to economic policy and business decision making
- Accessing economic and other information
- Summarise and interpretation of information
- Application of windows software
- Statistical reasoning
- Problem solving skills
- Collaborative learning and teamwork
- Negotiation and bargaining
- Written communication
- Oral communication
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
This subject is only available to students who would satisfy the entry criteria for the Graduate Diploma in Finance, Postgraduate Diploma in Finance or Master of Finance.
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- 3 assignments: Assignment 1 (7.5%) 750 words due in week 6; Assignment 2 (15%) 1500 words due in week 10; Assignment 3 (7.5%) 750 words due in week 12
- 2-hour end-of-semester examination (70%)
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Svetlana Danilkina Mode of delivery On Campus (Parkville) Contact hours Three hours per week of lectures and tutorials Total time commitment 170 hours Teaching period 26 February 2018 to 27 May 2018 Last self-enrol date 9 March 2018 Census date 31 March 2018 Last date to withdraw without fail 4 May 2018 Assessment period ends 22 June 2018 Semester 1 contact information
Email: sdanilki@unimelb.edu.au
- Semester 2
Principal coordinator Svetlana Danilkina Mode of delivery On Campus (Parkville) Contact hours Three hours per week of lectures and tutorials Total time commitment 170 hours Teaching period 23 July 2018 to 21 October 2018 Last self-enrol date 3 August 2018 Census date 31 August 2018 Last date to withdraw without fail 21 September 2018 Assessment period ends 16 November 2018 Semester 2 contact information
Email: sdanilki@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Subject notes
This subject is only available to students in the Postgraduate Diploma in Finance or the first year of the Master of Finance.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Diploma in Finance Course Master of Finance - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022