Financial Economics provides a valuable understanding of the economic models used in finance as well as the econometric skills to apply the models to financial markets. The major also focuses on the development of technical skills to analyse financial and economic data and events. The major in Financial Economics is not intended to be a substitute for the Finance major nor the Economics major. Some students may find the proposed major would be a good complement to the Finance major offered by the Discipline of Finance. Students wanting to work in the finance sector should consider doing the Finance major.
The Financial Economics major is only available to students enrolled in the Bachelor of Economics and related combined degrees.
To obtain the award of a major in Financial Economics students complete:
- Four compulsory junior units (24 credit points):
- ECON1001 Introductory Microeconomics
- ECON1002 Introductory Macroeconomics
- ECMT1010 Business and Economics Statistics A
- ECMT1020 Business and Economics Statistics B
- ECOS2002 (or ECOS2902) Intermediate Macroeconomics
- ECMT2130 Financial Econometrics
- ECOS3022 The Economics of Financial Markets
NOTE: Where students are completing both an Economics and a Financial Economics major, an additional senior elective (ECOS2000 or ECOS3000 level) should be completed for one of the majors, as Economics and Financial Economics both require the compulsory unit ECOS2002/ECOS2902. Both majors must include 36 senior credit points without counting a senior unit i.e. ECOS2002/ECOS2902, towards two separate majors.