units

ECX5475

Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelPostgraduate
FacultyFaculty of Business and Economics
OfferedClayton Second semester 2012 (Day)
Coordinator(s)Dr Stephen Miller

Synopsis

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

Outcomes

The learning goals associated with this unit are to:

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

Assessment

Within semester assessment: 100%

Chief examiner(s)

Dr Stephen Miller

Contact hours

3 hours per week

Prerequisites

ECC4650 or ECX5465

Prohibitions

ECC4750