• Class Number 7701
  • Term Code 2960
  • Class Info
  • Unit Value 6 units
  • Mode of Delivery In Person
  • COURSE CONVENER
    • AsPr Tatsuyoshi Okimoto
  • LECTURER
    • AsPr Tatsuyoshi Okimoto
  • Class Dates
  • Class Start Date 22/07/2019
  • Class End Date 25/10/2019
  • Census Date 31/08/2019
  • Last Date to Enrol 29/07/2019
SELT Survey Results

 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

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

Required Resources

Financial Markets and Institutions
Author: Saunders, A. and Cornett, M.M.
Publisher: McGraw Hill
Edition:
ISBN:
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Note: The book is a main text book, but not required to buy

Financial Institutions, Instruments and Markets
Author: Viney, C. and Phillips, P.
Publisher: McGraw Hill
Edition:
ISBN:
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Note: The book is optional.

Investments
Author: Bodie, Z., Kane, A., adn Marcus, A.J.
Publisher: McGraw Hill
Edition:
ISBN:
Availability:
Price:
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Note: The book is optional and provides more advanced treatment of the finance theory with the focus on the investment theory.

Staff Feedback

Students will be given feedback in the following forms in this course:
  • Written comments
  • Verbal comments
  • Feedback to the whole class, to groups, to individuals, focus groups

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Class Schedule

Week/Session Summary of Activities Assessment
1 Weeks 1-2 Interest rates
2 Weeks 3-4 Security Variation
3 Week 5 Money and Bond Markets
4 Week 6 Stock Markets
5 Week 7 Midterm Exam
6 Weeks 8-9 Foreign Exchange Markets
7 Weeks 10-12 Derivative Securities Markets

Assessment Summary

Assessment task Value Due Date Return of assessment Learning Outcomes
Midterm Exam 40 % 19/09/2019 03/10/2019 1, 2, 3, 4
Final Exam 50 % 07/11/2019 28/11/2019 1, 2, 3, 4
Assignments 10 % 08/08/2019 15/08/2019 1, 2, 3, 4

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

Assessment Requirements

The ANU is using 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. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Assessment Task 1

Value: 40 %
Due Date: 19/09/2019
Return of Assessment: 03/10/2019
Learning Outcomes: 1, 2, 3, 4

Midterm Exam

Midterm (40%) exam tests knowledge of material from textbook and lectures to assess learning outcomes 1, 2, 3, and 4. Questions are a mix of multiple choice, short answers, and empirical questions. Questions have unambiguous correct answers and assessment is whether answers are correct. In addition to assignments, several problem sets will be provided through the course to familiarise students with the requirement.

Assessment Task 2

Value: 50 %
Due Date: 07/11/2019
Return of Assessment: 28/11/2019
Learning Outcomes: 1, 2, 3, 4

Final Exam

Final (50%) exam tests knowledge of material from textbook and lectures to assess learning outcomes 1, 2, 3, and 4. Questions are a mix of multiple choice, short answers, and empirical questions. Questions have unambiguous correct answers and assessment is whether answers are correct. In addition to assignments, several problem sets will be provided through the course to familiarise students with the requirement.

Assessment Task 3

Value: 10 %
Due Date: 08/08/2019
Return of Assessment: 15/08/2019
Learning Outcomes: 1, 2, 3, 4

Assignments

10% of assessments will depend on handing in several assignments. These assignments are mostly theoretical questions and designed to assess learning outcomes 1, 2, 3, and 4. The theoretical questions have unambiguous correct answers and assessment is whether answers are correct. 

Due Dates:

  1. 08/08/2019
  2. 15/08/2019
  3. 03/10/2019
  4. 17/10/2019

Return of Assessment Dates:

  1. 15/08/2019
  2. 22/08/2019
  3. 17/10/2019
  4. 24/10/2019

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

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.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

Late submission of assessment tasks without an extension is penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the assessment item.

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).
AsPr Tatsuyoshi Okimoto
02 6125 4763
tatsuyoshi.okimoto@anu.edu.au

Research Interests


 

AsPr Tatsuyoshi Okimoto

Friday 13:00 14:00
AsPr Tatsuyoshi Okimoto
6125 4763
tatsuyoshi.okimoto@anu.edu.au

Research Interests


AsPr Tatsuyoshi Okimoto

Friday 13:00 14:00

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions