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.
The objective of the unit is to develop in students the ability to understand the complex interactions that can occur between the various parts of a countrys financial markets. To this end, five main financial markets will be focused on in this unit: money markets, debt markets, equity markets, foreign exchange markets and derivative markets. Students will develop a thorough understanding of the key concepts underlying each of these markets, as well as the links between them. Because governments have been looking to increase their regulation of these markets in recent years, students will be expected to explain the key issues involved in the debate on regulation. The Global Financial Crisis has highlighted the way that these markets can interact and students will be expected to appreciate how these markets are likely to evolve in future years.
On completion of this unit students should be able to:
This unit will be offered as a 3 hour seminar. There are three forms of assessment in the unit: a presentation, a major assignment, and a final exam. The presentation develops communication skills through involving students in researching and presenting unique and current topics relating to the operation of financial markets. The presentation will be done in a team format. Central to the learning process is the major assignment, which revolves around an on-line trading game that the students participate in. This game involves an ongoing analysis of financial news and it develops an ability to make decisions that are implemented in a trading environment. This is a high level learning task which aims to develop a number of important abilities including: critical thinking skills through analysing the contents of the financial press; the ability to read, understand and balance a variety of different views from economic commentators; the ability to analyse the impact that international financial events can have on Australian markets; the impact of international regulations on financial markets; and the ability to present analysis in a high quality format using EndNote referencing software and various advanced features in Microsoft Word, such as styles, tables of contents, and tables of figures. Importantly, the assignment is structured in two parts, so that students can get feedback in the first part (which involves a series of journals) and then learn from that feedback before attempting the second part (which involves a major assignment). Although students make their decisions as individuals in the game, the fact that a weekly league ladder is produced and each teams decisions are made public, means that students invariably end up comparing and discussing their trading strategies with fellow students. These discussions are promoted in the lectures and this effectively leads to a team-based learning environment.
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 Board of Examiners.
Type | Description | Value |
---|---|---|
Exercise | Group exercise | 15% |
Assignment | Assignment | 35% |
Examination | Final examination | 50% |
^ Mandatory reference
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.
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:
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.
ECF6115|1|1
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.
The objective of the unit is to develop in students the ability to understand the complex interactions that can occur between the various parts of a countrys financial markets. To this end, five main financial markets will be focused on in this unit: money markets, debt markets, equity markets, foreign exchange markets and derivative markets. Students will develop a thorough understanding of the key concepts underlying each of these markets, as well as the links between them. Because governments have been looking to increase their regulation of these markets in recent years, students will be expected to explain the key issues involved in the debate on regulation. The Global Financial Crisis has highlighted the way that these markets can interact and students will be expected to appreciate how these markets are likely to evolve in future years.
On completion of this unit students should be able to:
This unit will be offered as a 3 hour seminar. There are three forms of assessment in the unit: a presentation, a major assignment, and a final exam. The presentation develops communication skills through involving students in researching and presenting unique and current topics relating to the operation of financial markets. The presentation will be done in a team format. Central to the learning process is the major assignment, which revolves around an on-line trading game that the students participate in. This game involves an ongoing analysis of financial news and it develops an ability to make decisions that are implemented in a trading environment. This is a high level learning task which aims to develop a number of important abilities including: critical thinking skills through analysing the contents of the financial press; the ability to read, understand and balance a variety of different views from economic commentators; the ability to analyse the impact that international financial events can have on Australian markets; the impact of international regulations on financial markets; and the ability to present analysis in a high quality format using EndNote referencing software and various advanced features in Microsoft Word, such as styles, tables of contents, and tables of figures. Importantly, the assignment is structured in two parts, so that students can get feedback in the first part (which involves a series of journals) and then learn from that feedback before attempting the second part (which involves a major assignment). Although students make their decisions as individuals in the game, the fact that a weekly league ladder is produced and each teams decisions are made public, means that students invariably end up comparing and discussing their trading strategies with fellow students. These discussions are promoted in the lectures and this effectively leads to a team-based learning environment.
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 Board of Examiners.
Type | Description | Value |
---|---|---|
Exercise | Group exercise | 15% |
Assignment | Assignment | 35% |
Examination | Final examination | 50% |
^ Mandatory reference
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.
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:
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.
ECF6115|1|2