Economic policies for international trade and finance rely on advanced understanding and high-level skills in quantitative economics. This specialisation will provide students with advanced knowledge of trade and finance theory combined with applied quantitative analysis and interpretation of trade and financial data. Compulsory courses in the specialisation will establish understanding of international trade and economic welfare, trade markets, asset allocation and pricing, and financial econometrics. Elective courses offer specialisations in financial markets, trade and development, modelling the global economy, and services and investment policy. To maximise learning and career outcomes for those in finance and international trade in public, private and non-government sectors, an Academic Convenor provides advice on course planning, events of interest and meets regularly with the group.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
1. Understand and apply modern finance theory and modern trade theory to policy-relevant problems
2. Design and carry out quantitative analysis of financial and trade data
3. Interpret and analyse the results of empirical trade and finance analysis
Relevant Degrees
Requirements
This specialisation requires the completion of 24 units, which must consist of:
12 units from completion of the following compulsory courses:
IDEC8010 Quantitative International Economics
IDEC8014 Quantitative Financial Economics
12 units from completion of courses from the following list:
ECON8015 International Economics
ECON8006 International Trade Theory
FINM7044 Applied Valuation
FINM7045 Asian Capital Markets
FINM8007 Topics in International Finance
FINM8016 Portfolio Construction
IDEC8083 The Role of Financial Markets and Instruments for Economic Management and Development
IDEC8009 Trade, Development and the Asia–Pacific Economy
IDEC8127 Modelling the Global Economy: Techniques and Policy Implications
POGO8213 The Global Trading System
POGO8015 Foreign Direct Investment Policy
This specialisation is available only to students undertaking the Master of International and Development Economics degree program.
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