ECC3740 - Economics of financial decision making

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Overview

The unit topics include household and consumer finance, the role of debt and credit in the economy, firm investment, and implications of financial decision making. Tools and concepts are developed to explore these topics, which include (but not limited to) causal inference in financial economics, expectations, risk preferences, and portfolio … For more content click the Read More button below.

Requisites

Prerequisite

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Associate Professor Vinod Mishra

Learning outcomes

On successful completion of this unit, you should be able to:

understand the function of financial markets and intermediation in the modern economy

understand how consumers and firms choose their portfolios and investment

understand the trade-off between risk and return

understand the consequences of financial decision making by firms and households at the micro and macro levels.

Teaching approach

Active learning

Assessment

1 - Within semester assessment

2 - Examination

Workload requirements

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.