Money and capital markets
Mr Chris Viney
6 points
* Distance
* Second semester
Objectives On successful completion of this unit the student should demonstrate an understanding of a financial system, its operation and component parts; yield curve analysis; the term structure of interest rates and exchange rate interaction; sources and types of business finance, short, medium and long term, domestic and overseas, and associated pricing formulae; the major types of risk and the derivative products available to manage financial risk; the structure, functions and role of prudential supervision in the financial markets.
Synopsis The purpose and function of financial markets; financial assets, money and money supply; financial intermediation; flow of funds; yield curves and term structure of interest rates; finance instruments and pricing; financial institutions; financial risk and derivative products; Australian capital markets; international capital markets; financial prudential supervision.
Assessment Assignment (2000 words): 30%
* Examination (3 hours): 70%
* Students must pass the examination (35/70), and also gain a minimum of 50
marks overall to obtain a pass in this subject.
Prescribed texts
McGrath M and Viney C W Financial institutions, instruments and markets 2nd edn, McGraw-Hill, 1996
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