- Code IDEC8083
- Unit Value 6 units
- Offered by Crawford School of Public Policy
- ANU College ANU College of Asia and the Pacific
- Course subject International and Developmental Economics
- Areas of interest Economics
- Academic career PGRD
- AsPr Tatsuyoshi Okimoto
- Mode of delivery In Person
Second Semester 2019
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.
Upon successful completion, students will have the knowledge and skills to:
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
Assignments (20%, 4-6 times)
Mid-term examination (30%, 2 hours)
Final examination (50%, 2 hours)
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The course consists of 12 weeks of lectures (3 hours per week) including computer lab and problem solving sessions.
Sanders, A. and Cornett, M.M. (2015), Financial Markets and Institutions (6th ed.), McGraw Hill.
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- Student Contribution Band:
- Unit value:
- 6 units
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