Notice
As part of Phase 3 of our return to campus plan, most units will now run tutorials, seminars and other small group activities on campus, and most will keep an online version available to those students unable to return or those who choose to continue their studies online.
To check the availability of face-to-face and online activities for your unit, please go to timetable viewer. To check detailed information on unit assessments visit your unit's iLearn space or consult your unit convenor.
Unit convenor and teaching staff |
Unit convenor and teaching staff
Geoff Brianton
Contact via Email
Alan Rai
Contact via Email
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
Admission to GradCertFin or GradDipAppFin or MAppFin or MAppFin(Adv)
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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:
Information - Extension Requests / Penalties
Online Participation (15%)
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.
Further information on submitting an Application for Special Consideration can be found at https://students.mq.edu.au/study/my-study-program/special-consideration.
Assessed Coursework (55%)
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.
Further information on submitting an Application for Special Consideration can be found at https://students.mq.edu.au/study/my-study-program/special-consideration.
Final Exam (30%)
Deferral of an examination is not permitted unless an application for Special Consideration is made and approved.
Students who do not attend receive a mark of zero. This penalty does not apply in cases where an application for Special Consideration has been made and approved.
Further information on submitting an Application for Special Consideration can be found at https://students.mq.edu.au/study/my-study-program/special-consideration.
Name | Weighting | Hurdle | Due |
---|---|---|---|
Online Participation | 15% | No | Refer to iLearn |
Assessed Coursework | 55% | No | Refer to iLearn |
Final Exam | 30% | No | Exam Week |
Assessment Type 1: Participatory task
Indicative Time on Task 2: 30.00 hours
Due: Refer to iLearn
Weighting: 15%
Participation in online discussion forums. 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.
Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 40.00 hours
Due: Refer to iLearn
Weighting: 55%
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.
Assessment Type 1: Examination
Indicative Time on Task 2: 12.00 hours
Due: Exam Week
Weighting: 30%
Online Exam via iLearn on all Topics
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
REQUIRED AND RECOMMENDED TEXTS AND/OR MATERIALS
Required Text:
The required textbooks for this unit are:
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.
TECHNOLOGY USED AND REQUIRED
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 |
0 |
Topic 0: Essential pre-work |
Monday, 21 June 2021 |
1 |
Key concepts, supply & demand model |
Monday, 28 June 2021 |
2 |
Topic 2: Market analysis & elasticity |
Monday, 5 July 2021 |
3 |
Topic 3: Cost curves & the competitive market |
Monday, 12 July 2021 |
4 |
Topic 4: Market structures |
Monday, 19 July 2021 |
5 |
Complete Economic assessment tasks |
Monday, 26 July 2021 |
5 |
Topic 5: Descriptive statistics |
Monday, 2 August 2021 |
6 |
Topic 6: Probability & random variables |
Monday, 9 August 2021 |
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Topic 7: Statistical estimation & inference |
Monday, 16 August 2021 |
9 |
Topic 8: Correlation, regression & indices |
Monday, 23 August 2021 |
11 |
Complete quantitative assessment tasks Exam preparation start |
Monday, 30 August 2021 |
12 |
Online exam period |
Saturday, 11 September – Sunday 12 September 2021 |
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Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
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Unit information based on version 2021.03 of the Handbook