School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Capital Markets
  • Unit Code

    ECF2210
  • Year

    2021
  • Enrolment Period

    1
  • Version

    2
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Deepa BANNIGIDADMATH

Description

This unit aims to develop a fundamental and practical understanding of the workings of the financial system. The unit concentrates on money markets, debt markets, equity markets, foreign exchange, and derivative markets. It reviews the major participants in each of these markets, their functions and relationships and their role in the economy. Students will gain an understanding of current and emerging issues, both domestically and internationally, through the use of an online trading game on equity and forex markets.

Prerequisite Rule

Students must have passed ECF1110 and ECF1120.

Learning Outcomes

On completion of this unit students should be able to:

  1. Discuss ways in which financial markets, financial institutions, and financial assets interact to form capital markets.
  2. Evaluate various financial assets traded in the financial system.
  3. Interpret how monetary policy is used to regulate interest rates.
  4. Analyse derivatives markets, the securities and the players in those markets.
  5. Undertake independent research to critically analyse current finance issues and apply this knowledge to determine the investment strategies.

Unit Content

  1. Introduction to the financial system.
  2. The market mechanism in financial markets.
  3. Interest rate markets.
  4. Foreign exchange markets.
  5. The Euromarkets.
  6. Equity markets.
  7. The nature of derivatives, futures, forwards, options and warrants.
  8. Swaps.
  9. The role of government and the central bank.
  10. The banking sector and non-bank financial intermediaries.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECUs LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 1 hour labNot OfferedNot Offered
Semester 113 x 2 hour lectureNot OfferedNot Offered
Semester 213 x 1 hour labNot OfferedNot Offered
Semester 213 x 2 hour lectureNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences through ECUs LMS as well as additional ECU l

Additional Learning Experience Information

On-campus students have a weekly lecture and a tutorial. Both on-campus and off-campus students have access to digital lecture recordings of weekly lectures. These weekly lectures are used to introduce the central concepts of the unit, and to guide students through the various concepts underlying the operation of financial markets. The tutorial allows students to work through tutorial questions, explore further the concepts presented in the lecture and obtain feedback on their progress. A major part of the assessment and the learning in the unit is based around an online trading game. In this game, students apply the knowledge which they have developed in lectures and tutorials to their trading of foreign exchange and the equity markets. A major assignment, which relates to the trading decisions, is completed once the game has finished. Regular online access is required.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
TestOnline Tests10%
AssignmentAssignment40%
ExaminationExam50%
ONLINE
TypeDescriptionValue
TestOnline Tests10%
AssignmentAssignment40%
ExaminationExam50%

Core Reading(s)

  • Viney, & Phillips. (2019). Financial Institutions, Instruments & Markets (9th ed.). Australia: McGraw-Hill Education Pty Ltd. Retrieved from https://ecu.on.worldcat.org/oclc/1086307078

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

ECF2210|2|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Capital Markets
  • Unit Code

    ECF2210
  • Year

    2021
  • Enrolment Period

    2
  • Version

    2
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Deepa BANNIGIDADMATH

Description

This unit aims to develop a fundamental and practical understanding of the workings of the financial system. The unit concentrates on money markets, debt markets, equity markets, foreign exchange, and derivative markets. It reviews the major participants in each of these markets, their functions and relationships and their role in the economy. Students will gain an understanding of current and emerging issues, both domestically and internationally, through the use of an online trading game on equity and forex markets.

Prerequisite Rule

Students must have passed ECF1110 and ECF1120.

Learning Outcomes

On completion of this unit students should be able to:

  1. Discuss ways in which financial markets, financial institutions, and financial assets interact to form capital markets.
  2. Evaluate various financial assets traded in the financial system.
  3. Interpret how monetary policy is used to regulate interest rates.
  4. Analyse derivatives markets, the securities and the players in those markets.
  5. Undertake independent research to critically analyse current finance issues and apply this knowledge to determine the investment strategies.

Unit Content

  1. Introduction to the financial system.
  2. The market mechanism in financial markets.
  3. Interest rate markets.
  4. Foreign exchange markets.
  5. The Euromarkets.
  6. Equity markets.
  7. The nature of derivatives, futures, forwards, options and warrants.
  8. Swaps.
  9. The role of government and the central bank.
  10. The banking sector and non-bank financial intermediaries.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECUs LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 1 hour labNot OfferedNot Offered
Semester 113 x 2 hour lectureNot OfferedNot Offered
Semester 213 x 1 hour labNot OfferedNot Offered
Semester 213 x 2 hour lectureNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences through ECUs LMS as well as additional ECU l

Additional Learning Experience Information

On-campus students have a weekly lecture and a tutorial. Both on-campus and off-campus students have access to digital lecture recordings of weekly lectures. These weekly lectures are used to introduce the central concepts of the unit, and to guide students through the various concepts underlying the operation of financial markets. The tutorial allows students to work through tutorial questions, explore further the concepts presented in the lecture and obtain feedback on their progress. A major part of the assessment and the learning in the unit is based around an online trading game. In this game, students apply the knowledge which they have developed in lectures and tutorials to their trading of foreign exchange and the equity markets. A major assignment, which relates to the trading decisions, is completed once the game has finished. Regular online access is required.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
TestOnline Tests10%
AssignmentAssignment40%
ExaminationExam50%
ONLINE
TypeDescriptionValue
TestOnline Tests10%
AssignmentAssignment40%
ExaminationExam50%

Core Reading(s)

  • Viney, & Phillips. (2019). Financial Institutions, Instruments & Markets (9th ed.). Australia: McGraw-Hill Education Pty Ltd. Retrieved from https://ecu.on.worldcat.org/oclc/1086307078

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

ECF2210|2|2