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Financial Crises: A Critical Analysis (FNCE90063)
Graduate courseworkPoints: 12.5Not available in 2018
Overview
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This course examines financial crises and panics throughout history and the lessons that policy makers and market participants should draw from past events. Crises studied may include the Dutch tulip bubble, the South Sea Bubble, the Crash of 1929, the Great Depression, Junk bonds, the Asian financial crises, LTCM, Enron, and the Global Financial Crisis. We will examine the causes, events, and consequences of these crises on the participants and the economy in general. A particular emphasis will be placed on the policy implications one can draw from these periods: what types of regulation work, and what does not work.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain the background to, progression of and resolution to selected financial crises;
- Develop a sound knowledge of the major crises examined in the subject;
- Explain how these crises affected the global economy and markets in the long- and short-run;
- Critically analyse which policy measures helped to prevent future crises and which were ineffective.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Oral communication
- Written communication
- Problem solving
- Critical thinking
- Evaluation of data
- Ability to draw conclusions from disparate empirical evidence
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
EITHER ECON90024 Financial Economics OR ECON90011 Financial Economics
OR
ECON90033 Quantitative Analysis of Finance I and
ECON90034 Economics of Finance and FNCE90047 Financial Markets and Instruments and
FNCE90016 International Financial Management and
EITHER ACCT90002 Financial Statement Analysis OR ACCT90004 Accounting for Decision Making
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON90024 | Financial Economics | Not available in 2024 |
12.5 |
ECON90011 | Monetary Economics | Not available in 2024 |
12.5 |
ECON90033 | Quantitative Analysis of Finance I |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
ECON90034 | Economics of Finance |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
FNCE90047 | Financial Markets and Instruments |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
FNCE90016 | International Financial Management |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
ACCT90002 | Financial Statement Analysis |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
ACCT90004 | Accounting for Decision Making |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
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
- 4 x weekly 1 page assignments (1 page = 500 words) evenly spaced between Weeks 2-12 (10% each assignment) (40% total)
- 3-hour end-of-semester examination
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
Not available in 2018
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.
- Related Handbook entries
This subject contributes to the following:
Type Name 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.
Last updated: 3 November 2022