Class Test

The class test will be held during the lecture time in Week 7. The test will consist of multiple-choice questions, and will cover all material up to and including Week 5. A calculator is needed for the test and attendance is compulsory.  If you fail to attend the test you will be awarded a zero mark. There will be no catch-up or supplementary tests. However, for students who experience serious misadventure and are unable to attend the test should apply for special consideration with appropriate documentary evidence within 5 working days of the test. For those students, missed assessment will be covered by a supplementary assessment that could include an oral component, which will be two weeks after the date of the original assessment.

Assignment

The assignment is due at 4pm on Thursday of Week 10. Assignments are to be submitted electronically through iLearn. Late submission: No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission incurs a 20% penalty). Late submissions will be accepted up to 96 hours after the due date and time. This penalty does not apply for cases in which an application for Special Consideration is made and approved. Note: applications for Special Consideration Policy must be made within 5 (five) business days of the due date and time.

Final Examination

The final exam is a closed book examination. Details of the content of the final examination will be provided on iLearn in due course. Only non-programmable calculators without alphabetic storage capability are allowed into the examination room.  Statistical tables are provided. The time and venue of the exam will be organised and announced in due time by the University.

Classes

• Number and length of classes: 3 hours face-to-face teaching per week consisting of 1 x 2 hour lecture and 1 x 1 hour tutorial. Tutorials commence in Week 2.
• The timetable for classes can be found on the University web site at:http://www.timetables.mq.edu.au/ 

Required and Recommended Texts and/or Materials

The prescribed textbook for the unit is:

Brooks, C. (2019) Introductory Econometrics for Finance, 4th Edition, Cambridge University Press. The 4th Edition of the textbook has just been published. You can use the 3rd Edition of the textbook (2014) instead if you prefer.  

In addition to the textbook, the following references are useful but are not required.

(i) Campbell, J., Lo, A., and Mackinlay, C. (1997) The Econometrics of Financial Markets, Princeton University Press. (This book is too advanced for our class, but contains a lot of interesting material).

(ii) Diebold, F. (2007) Elements of Forecasting, 4th Edition, South-Western College.

(iii) Enders, W. (2014) Applied Econometric Time Series, 4th Edition, Wiley.

• Material such as lecture slides, examples, and tutorial questions will be available on the unit home page. The text and lecture notes, together with the lectures and additional references will provide students with a clear indication of the basic content of the unit.

• It is recommended that students attend all lectures and tutorials for several reasons including:

• Not all the material in the text is included in the unit, and not all the material in the unit is covered in the text. In some places the text deals with issues in greater depth than is necessary for the unit, and in other places it doesn’t go far enough. The lectures contain all the unit material taught at the level required for the assessment tasks, and are your guide to the unit content.

• The approaches to some problems that are recommended by the lecturer are different to those in the text.

• The lectures will include guidance about the style and content of the final exam and recommendation about study technique.

•  It is difficult (and often impossible) for staff to provide meaningful assistance to students outside class times on topics for which they did not attend the relevant lectures and tutorials.

Technology Used and Required

Students are required to use a computer to carry out certain tasks of the course, such as tutorials and assignments. The software programs used in this course include EViews 10 and Microsoft Excel. 

Unit Web Page

• Course material is available on the learning management system (iLearn), which can be found at: http://ilearn.mq.edu.au.