Financial Economics

This subject is not offered in 2014.

Admission into BH-COM or BH-ARTS (Economics) and

None

Please refer to Prerequisites and Corequisites.

Students may not gain credit for both ECON40015 Financial Economics and ECON90024 Financial Economics.

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

This subject examines the economics of financial markets and financial institutions, including a substantial component of financial economic theory and some important current issues in the management of financial institutions and the evolution of financial markets. Topics include the theory of choice under certainty and uncertainty, asset and option pricing models, efficient markets theory, risk management and the theory of the term structure of interest rates.

Information not available.

A 3-hour end-of-semester examination (80%) and class assignments totalling approximately 2000 words (20%).

You will be advised of prescribed texts by your lecturer.

This subject is not available as a breadth subject.

• High level of development: written communication; problem solving; team work; application of theory to practice; critical thinking.

• Moderate level of development: collaborative learning; statistical reasoning; receptiveness to alternative ideas.

• Some level of development: oral communication.