Monash University Handbook 2010 Postgraduate - Unit

Synopsis

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

Objectives

The learning goals associated with this unit are to:

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

Assessment

Within semester assessment: 100%

Chief examiner(s)

Stephen Miller

Contact hours

3 hours per week

Prohibitions

ECC4750