UWA Handbook 2017

Unit details

ECON5506 The Economics of Financial Markets

Credit 6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Content This unit encourages participants to explore the behavioural links between financial markets, economic policy and economic performance at an advanced level. The unit focuses on the economics of financial market behaviour and the role of financial markets in macroeconomic performance.

Topics include an overview of financial market structure and behaviour, risk and the pricing of financial instruments, financial market efficiency and financial market regulation.
Outcomes Students are able to (1) explain the structure of modern financial markets and their regulation, including the behaviour of the markets for some financial instruments; (2) analyse the effects of financial shocks on economic behaviour and assess the implications of responses in the form of both monetary and fiscal policy; and (3) conduct an analysis of a more general range of financial and real shocks and their effects on financial and economic performance.
Assessment Typically this unit is assessed in the following ways: (1) tutorial tests; (2) assignment; and (3) final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s) Professor Rod Tyers
Unit rules
Prerequisites: ECON5541 Economics for Business: Applications and Policy or ECON5516 The Economics of Public Policy
Contact hours lectures/seminars/workshops: up to 3 hours per week
Unit OutlineSemester 1 : http://www.unitoutlines.biz.uwa.edu.au/Units/ECON5506/SEM-1/2017
Semester 2 : http://www.unitoutlines.biz.uwa.edu.au/Units/ECON5506/SEM-2/2017

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