• Offered by Crawford School of Public Policy
  • ANU College ANU College of Asia and the Pacific
  • Classification Advanced
    Specialist
  • Course subject International and Developmental Economics
  • Areas of interest Economics
  • Academic career Postgraduate
  • Course convener
    • AsPr Tatsuyoshi Okimoto
  • Mode of delivery In Person
  • Offered in Second Semester 2017
    See Future Offerings

 The course is aimed mainly at economists who are or may become economic policy advisors, makers, or implementers. The emphasis is on the use emerging economies can make of financial markets and instruments and on how they can develop them. The course covers both finance theory and its applications. Discussions of case studies represent one third of the required class work. Prior knowledge of finance is useful but not required

This course describes the main financial markets and instruments and their use for economic management and development, with emphasis on emerging economies. Four major topics will be covered: financial markets and instruments for monetary and fiscal policy; financial markets and instruments for the management of domestic and foreign debt; the role of the stock market in development; and investment theory, financial derivatives, and the management of official reserves. The course includes a visit to financial institutions in Sydney and relies heavily on case studies.

Learning Outcomes

1.    a working knowledge of financial terms and concepts

2.    an understanding of how financial markets and instruments operate and how they can be used to achieve economic objectives

3.    an understanding of the profits and risks faced by investors and strategies to control these profits and risks

4.    skills required for work in a financial institution, in a various areas of government using or regulating the financial sector

Other Information

Delivery mode:

On campus

Indicative Assessment

Assignments (20%, 4-6 times)

Mid-term examination (30%, 2 hours)

Final examination (50%, 2 hours)

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

The course consists of 12 weeks of lectures (3 hours per week) including computer lab and problem solving sessions.

Prescribed Texts

Sanders, A. and Cornett, M.M. (2015), Financial Markets and Institutions (6th ed.), McGraw Hill.

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Band 3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2017 $3852
International fee paying students
Year Fee
2017 $5130
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
7887 24 Jul 2017 31 Jul 2017 31 Aug 2017 27 Oct 2017 In Person

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