FINC331-21S2 (C) Semester Two 2021

Financial Economics

15 points

Details:
Start Date: Monday, 19 July 2021
End Date: Sunday, 14 November 2021
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 1 August 2021
  • Without academic penalty (including no fee refund): Friday, 1 October 2021

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 2021

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Friday 11:00 - 13:00 Jack Erskine 031 Lecture Theatre
19 Jul - 29 Aug
13 Sep - 24 Oct
Tutorial A
Activity Day Time Location Weeks
01 Tuesday 15:00 - 16:00 E16 Lecture Theatre
26 Jul - 29 Aug
13 Sep - 24 Oct

Examination and Formal Tests

Test A
Activity Day Time Location Weeks
01 Monday 18:30 - 21:00 Online Delivery
13 Sep - 19 Sep

Course Coordinator

Richard Watt

Assessment

Assessment Due Date Percentage  Description
Assignment 10% Term one assignment
Assignment 10% Term two assignment
Final exam 40%
Quiz 5% Term one online quiz
Quiz 5% Term two online quiz
Term test 30% Term one test

Indicative Fees

Domestic fee $831.00

International fee $3,875.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, 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

  • FINC331-21S2 (C) Semester Two 2021