ECC5475 - Financial economics - 2019

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

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.

Within semester assessment: 60% + Examination: 40%

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information