ECON 1003 Financial Institutions and Markets

Credit Points 10

Legacy Code 200048

Coordinator Sean Toohey 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

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 1004 - Financial Institutions and Markets (WSTC)

Learning Outcomes

On successful completion of this subject, students should be able to:
  1. Describe the major institutional features of the Australian financial system;
  2. Explain the function and operation of bank and non-bank financial institutions in the Australian financial system;
  3. Explain the function and operation of markets in equities, debt, foreign exchange and derivatives;
  4. Examine an element of the financial system and summarise and report relevant and contemporary information in the form of an oral presentation;
  5. Examine an element of the financial system and summarise and report relevant and contemporary information in the form of a written report;
  6. Evaluate the role of institutions, markets and regulators in the Australian financial system;
  7. Perform calculations relevant to the use of various financial instruments.

Subject Content

Australian financial institutions
Equity markets
Time value of money
Short and long term debt markets
Foreign exchange markets
Derivatives markets

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.

Item Length Percent Threshold Individual/Group Task
Quiz 3.5 hours - 5/10 online quizzes must be attempted to have met the requirements for completing this assessment task 20 N Individual
Presentation 10 minutes 15 N Individual
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

2021-2022 Summer

Parramatta City - Macquarie St (Summer A)

Day

Subject Contact Sean Toohey Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

2022 Semester 1

Online

Online

Subject Contact Sean Toohey Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

2022 Trimester 1

Uoe - Ho Chi Minh City

Day

Subject Contact Sean Toohey Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

2022 Trimester 2

Uoe - Ho Chi Minh City

Day

Subject Contact Sean Toohey Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

2022 Semester 2

Online

Online

Subject Contact Sean Toohey Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

Parramatta City - Macquarie St

Day

Subject Contact Sean Toohey Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

Evening

Subject Contact Sean Toohey Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

2022 Trimester 3

Sydney City

Day

Subject Contact Neelam Goela Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

Uoe - Ho Chi Minh City

Day

Subject Contact Sean Toohey Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window