ECON 1004 Financial Institutions and Markets (WSTC)
Credit Points 10
Legacy Code 700250
Coordinator Abdullah Al Aabed Opens in new window
Description The investment, financing and risk management decisions made by individuals, firms and governments are implemented by creating and trading financial instruments in financial markets, often with the involvement of a variety of institutions. Using the Australian financial system as an illustration, Financial Institutions and Markets introduces students to the theory and functions of financial institutions and markets. Students develop an understanding of the role and functions of bank and non-bank financial institutions and of markets in equities, debt, foreign exchange and derivatives.
School Business
Discipline Banking and Finance
Student Contribution Band HECS Band 4 10cp
Check your HECS Band contribution amount via the Fees page.
Level Undergraduate Level 1 subject
Equivalent Subjects ECON 1003 - Financial Institutions and Markets
Restrictions
Students must be enrolled at Western Sydney University, The College. Students enrolled in extended diplomas must pass 40 credit points from the preparatory subjects listed in the program structure prior to enrolling in this University level subject.
Assessment
The following table summarises the standard assessment tasks for this subject. Please note this is a guide only. Assessment tasks are regularly updated, where there is a difference your Learning Guide takes precedence.
Type | Length | Percent | Threshold | Individual/Group Task |
---|---|---|---|---|
Quiz | 20 mins each | 20 | N | Individual |
Presentation | 15 mins | 15 | N | Group |
Essay | 500 words | 15 | N | Individual |
Final Exam | 2 hours | 50 | N | Individual |
Prescribed Texts
- Viney, C & Phillips, PJ 2019, Financial institutions, instruments and markets, 9th edn, McGraw-Hill, Sydney.
Teaching Periods