This unit introduces micro- and macroeconomic models central for understanding the functioning of financial markets. Models of intertemporal choice and investment decisions provide a foundation for an understanding of asset pricing. The role financial institutions, regulators and money in explaining economic growth and the business cycle are examined.
1x2hr lecture/week, 1x1hr tutorial/week
1x2hr Final exam (50%), 2x1hr Mid-semester test (50%)
(ECON1001 or BUSS1040) and (ECMT1010 or BUSS1020)Prohibitions
ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902, ECOS2001, ECOS2901, ECOS2002, ECOS2902