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Unit of study_

ECON5007: The Economics of Financial Markets

Financial markets play a fundamental role in a modern economy. In this unit of study we analyse how financial markets function, with a particular focus on: the factors underlying demand and supply; risk and uncertainty; incomplete contracts and renegotiation; and asymmetric information and its implications. In doing so, we identify the key features of markets for financial assets. The unit also examines the development of financial institutions and current issues in financial markets.

Code ECON5007
Academic unit Economics
Credit points 6
Prerequisites:
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ECON5001 or ECON5040 or ECON6701
Corequisites:
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None
Prohibitions:
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None

At the completion of this unit, you should be able to:

  • LO1. explain and use the techniques of financial economics to interpret the performance of financial contracts
  • LO2. apply analytical skills to manage the risks confronted by players and policymakers in financial markets
  • LO3. synthesise financial knowledge with economic experience and apply higher level critical thinking skills to a range of situations and environments.