FINC331-20S2 (C) Semester Two 2020

Financial Economics

15 points

Details:
Start Date: Monday, 13 July 2020
End Date: Sunday, 8 November 2020
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Friday, 24 July 2020
  • Without academic penalty (including no fee refund): Friday, 25 September 2020

Description

The economics of finance, with applications to asset valuation, corporate finance, and portfolio management.

This course covers the economics of financial decisions and markets. How do individuals and firms make investment decisions? How are future cash flow streams (such as those provided by financial securities) priced? Requirements include familiarity with intermediate microeconomics, multivariate calculus, algebra (including matrix algebra) and probability theory.

Learning Outcomes

  • LEARNING OUTCOMES:  At the end of this course, a successful student will be able to:
  • Understand what the efficient market hypothesis does and doesn’t say, and its implications  for asset price behaviour;
  • Understand modern portfolio theory and its implications for investment planning;
  • Understand the no-arbitrage principle and its implications for asset pricing;
  • Be able to relate financial economics theory to actual financial issues and events;
  • Be adequately prepared for postgraduate study in finance and economics.

Pre-requisites

(1) ECON207; and (2) FINC201; and (3) MATH102 or
MATH199 RP: FINC205 or
MATH103

Restrictions

Equivalent Courses

Recommended Preparation

Timetable 2020

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Wednesday 11:00 - 12:00 Jack Erskine 443 13 Jul - 23 Aug
7 Sep - 18 Oct
Lecture B
Activity Day Time Location Weeks
01 Friday 11:00 - 12:00 F1 Lectorial 13 Jul - 23 Aug
7 Sep - 18 Oct
Tutorial A
Activity Day Time Location Weeks
01 Monday 11:00 - 12:00 Meremere 409 20 Jul - 23 Aug
7 Sep - 18 Oct
02 Tuesday 09:00 - 10:00 Meremere 409 20 Jul - 23 Aug
7 Sep - 18 Oct

Guest Lecturer

Tim Krehbiel (Visiting Erskine Fellow)

Indicative Fees

Domestic fee $822.00

International fee $3,688.00

* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.

For further information see Department of Economics and Finance.

All FINC331 Occurrences

  • FINC331-20S2 (C) Semester Two 2020