Economics of Finance (ECON90034)
Graduate courseworkPoints: 12.5On Campus (Parkville)
Overview
| Availability | Semester 1 Semester 2 |
|---|---|
| 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: 4 March 2025
Eligibility and requirements
Prerequisites
Admission into one of the following:
- MC-FINANCE Master of Finance
- MC-FINENH Master of Finance (Enhanced)
- MC-AEMTRCS Master of Applied Econometrics
- MC-AECOENH Master of Applied Econometrics (Enhanced)
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: 4 March 2025
Assessment
| Description | Timing | Percentage |
|---|---|---|
Assignment 1
| Week 6 | 7.5% |
Assignment 2
| Week 10 | 15% |
Assignment 3
| Week 12 | 7.5% |
End-of-semester examination
| During the examination period | 70% |
Last updated: 4 March 2025
Dates & times
- Semester 1
Principal coordinators Svetlana Danilkina and Collin Li Mode of delivery On Campus (Parkville) Contact hours Three hours per week of lectures and tutorials Total time commitment 170 hours Teaching period 3 March 2025 to 1 June 2025 Last self-enrol date 14 March 2025 Census date 31 March 2025 Last date to withdraw without fail 9 May 2025 Assessment period ends 27 June 2025 Semester 1 contact information
- 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 28 July 2025 to 26 October 2025 Last self-enrol date 8 August 2025 Census date 1 September 2025 Last date to withdraw without fail 26 September 2025 Assessment period ends 21 November 2025 Semester 2 contact information
Email: sdanilki@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 4 March 2025
Further information
- Texts
- Subject notes
- 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.
Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants
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
Last updated: 4 March 2025