Abstract
This subject examines the nature and operation of financial institutions and markets in Australia as well as the economics of the financial system in which they operate. A wide range of financial institutions, markets and securities are examined in detail, together with such concepts as financial intermediation, interest rate and … For more content click the Read More button below.
Syllabus
organisation and structure of financial markets;bank and non-bank financial institutions;corporate debt markets;government debt markets;interest rate determination;term and risk structure of interest rates;structure and operation of foreignb exchange markets;exchange rate determination;equity markets;derivative markets.
Learning outcomes
Upon successful completion of this subject, students should:
1.
be able to explain the nature and operation of Australia's financial institutions and markets;
2.
be able to explain the causes of change in financial conditions;
3.
be able to apply analytic skills to the interpretation of developments and changes in financial markets;
4.
be able to explain and evaluate the role and impact of Government policy on the financial system.
Assumed knowledge
ECO130