Unit convenor and teaching staff |
Unit convenor and teaching staff
Co Unit Convenor / Lecturer
Stephanie Brooks
Contact via Email
Co Unit Convenor / Lecturer
Geoff Brianton
Contact via Email
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
Admission to MAppFin or MAppFin(Adv) or GradCertFin
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit provides the important building blocks in microeconomic and quantitative analysis required for advanced study in applied finance. Microeconomic analysis develops tools in demand and supply and critically applies these to the consumer and the firm. It concludes with an analysis of market structure. The second part of the unit develops quantitative skills that are used in finance, including descriptive statistics, probability, statistical inference, correlation and regression analysis. Spreadsheets are extensively used in statistical modelling.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Hurdle | Due |
---|---|---|---|
Assessed Coursework | 55% | No | In iLearn |
Online Participation | 15% | No | In iLearn |
Final Examination | 30% | No | Exam week |
Due: In iLearn
Weighting: 55%
Summary of Assessment Task
Individual / Group: Individual.
Description: You will be required to participate in a variety of assessment tasks for Economic Analysis and Quantitative Analysis. These will include written activities, online quizzes and project based learning. Details of the assessments can be found in iLearn.
Due Dates: See iLearn for due dates.
Grading Method: Refer to Assessment Summary in iLearn.
Submission Method: Online via iLearn.
Extension Requests: No extensions will be granted. Students who have not submitted the task prior to the due date will be awarded a mark of zero for the task, except for cases in which an application for Special Consideration is made and approved. If you have serious and unavoidable circumstances that prevent you from submitting an assessment task by the due date, you must apply for Special Consideration no later than five (5) working days after the assessment due date. Refer to MAFC Program Rules at www.mafc.mq.edu.au for information on the University’s Special Consideration Policy.
Due: In iLearn
Weighting: 15%
Summary of Assessment Task
Individual / Group: Individual.
Due Dates: See iLearn for due dates.
Timing: Online discussions and tasks will be conducted during the term. You are required to participate actively in these forums, and your contributions will be assessed.
Grading Method: Refer to Assessment Summary in iLearn.
Submission Method: Online via the unit's iLearn site.
Extension Requests: No extensions will be granted. Students who have not submitted the task prior to the due date will be awarded a mark of zero for the task, except for cases in which an application for Special Consideration is made and approved. If you have serious and unavoidable circumstances that prevent you from submitting an assessment task by the due date, you must apply for Special Consideration no later than five (5) working days after the assessment due date. Refer to MAFC Program Rules at www.mafc.mq.edu.au for information on the University’s Special Consideration Policy.
Due: Exam week
Weighting: 30%
Summary of Assessment Task
Individual / Group: Individual.
Due Date: See iLearn for due dates.
Grading Method: Refer to Assessment Summary in iLearn.
Submission Method: The final exam will be an open book online exam submitted in iLearn.
Duration: 3 hours.
Examination Conditions:
Extension Requests: No extensions will be granted. Students who have not sat the final examination prior to the due date will be awarded a mark of zero for the task, except for cases in which an application for Special Consideration is made and approved. Refer to MAFC Program Rules at www.mafc.mq.edu.au for information on the University’s Special Consideration Policy.
Required Text:
The required textbooks for this unit are:
Details on the eBook (a VitalSource eText) can be found at: https://www.cengagebrain.com.au/shop/isbn/9780170380096
It is recommended that students purchase the text with the Coursemate option.
Basic Business Statistics, 4th edition (2015) by Berenson, Levine, Szabat, O’Brien, Watson and Jayne, Pearson Australia (ISBN 9781486018956). Details on the textbook can be found at http://www.pearson.com.au/9781486018956. The textbook is available from the publisher's website as a paperback or as a VitalSource eText. The textbook is also available as a paperback from the Co-op Bookshop.
Additional Readings:
Assumed Knowledge: Mathematical content
Assumed Access: Access to a computer with word processing and spreadsheet capability is assumed, as is general student computer literacy. In particular, students need access to a version of Microsoft Excel which includes regression analysis.
This is an online unit which will make use of the University's iLearn system.
Unit's iLearn Site:
Important Notice:
The following schedule is a guide to the timing of each topic. Details of the required readings are provided in iLearn.
Week | Topic |
Date when you should have started working on this topic |
1 | Topic 0: Essential pre-work | 1 January 2019 |
2 | Topic 1: Key concepts, supply & demand model | 7 January 2019 |
3 | Topic 2: Market analysis & elasticity | 14 January 2019 |
4 | Topic 3: Cost curves & the competitive market | 21 January 2019 |
5 | Topic 4: Market structures | 28 January 2019 |
6 | Topic 5: Descriptive statistics | 8 February 2019 |
7 | Topic 6: Probability & random variables | 18 February 2019 |
8 | Topic 7: Statistical estimation & inference | 25 February 2019 |
9 | Topic 8: Correlation, regression & indices | 4 March 2019 |
10 | Complete assessment tasks | 11 March 2019 |
11 | Exam preparation | 11 March 2019 |
12 | Exam week (16 March - 21 March) | Sunday 17 March - Monday 18 March |
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Undergraduate students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
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Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
Students should also consult the MAFC Program Rules found at http://www.mafc.mq.edu.au
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
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For all student enquiries, please contact studentsupport@mafc.mq.edu.au
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
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For all student enquiries, visit Student Connect at ask.mq.edu.au
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Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
This Unit Guide contains important information about the unit. If anything is unclear, please consult one of the unit lecturers.