Students
AFCP6018 – Quantitative and Economic Analysis
2024 – Term 3, Online-scheduled-weekday
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Geoff Brianton
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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
AFCX6018
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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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Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- ULO1: Apply mathematical skills to finance based problems.
- ULO2: Explain and analyse the key concepts, models and theories used in microeconomics as required for applied finance.
- ULO3: Apply the key concepts, models and theories used in microeconomics to solve a range of finance based problems.
- ULO4: Analyse data using the key concepts, models and theories used in probability and statistics.
- ULO5: Demonstrate proficiency in using spreadsheet based statistical modelling to solve a range of finance based problems.
Assessment Tasks
| Name | Weighting | Hurdle | Due |
|---|---|---|---|
| Online Participation | 10% | No | Refer to Unit Schedule |
| Final Assessment | 30% | No | Refer to Unit Schedule |
| Assessed Coursework | 60% | No | Refer to Unit Schedule |
Online Participation
Assessment Type 1: Participatory task
Indicative Time on Task 2: 30.00 hours
Due: Refer to Unit Schedule
Weighting: 10%
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.
On successful completion you will be able to:
- Apply mathematical skills to finance based problems.
- Explain and analyse the key concepts, models and theories used in microeconomics as required for applied finance.
- Apply the key concepts, models and theories used in microeconomics to solve a range of finance based problems.
- Analyse data using the key concepts, models and theories used in probability and statistics.
- Demonstrate proficiency in using spreadsheet based statistical modelling to solve a range of finance based problems.
Final Assessment
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 12 hours
Due: Refer to Unit Schedule
Weighting: 30%
A two hour online test will be conducted.
On successful completion you will be able to:
- Apply mathematical skills to finance based problems.
- Explain and analyse the key concepts, models and theories used in microeconomics as required for applied finance.
- Apply the key concepts, models and theories used in microeconomics to solve a range of finance based problems.
- Analyse data using the key concepts, models and theories used in probability and statistics.
- Demonstrate proficiency in using spreadsheet based statistical modelling to solve a range of finance based problems.
Assessed Coursework
Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 40.00 hours
Due: Refer to Unit Schedule
Weighting: 60%
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.
On successful completion you will be able to:
- Apply mathematical skills to finance based problems.
- Explain and analyse the key concepts, models and theories used in microeconomics as required for applied finance.
- Apply the key concepts, models and theories used in microeconomics to solve a range of finance based problems.
- Analyse data using the key concepts, models and theories used in probability and statistics.
- Demonstrate proficiency in using spreadsheet based statistical modelling to solve a range of finance based problems.
1 If you need help with your assignment, please contact:
- the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
- the Writing Centre for academic skills support.
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Delivery and Resources
Refer to Unit Schedule
Unit Schedule
| AFCP6018/AFCPX6018 Term 3 - 2024 - Quantitative and Economic Analysis | |||||
| Week | Topic | Assessment | Weight | Topic Start | Assessment Due |
| 0 | Essential Pre work | Participation forum (Language and Eco) | Monday 24 June 2024 | 11:55 PM Monday 08 July 2024 | |
| 1 | Descriptive statistics | Participation forum (Misuse of Statistics)* | Monday 01 July 2024 | 11:55 PM Monday 15 July 2024 | |
| 2 | Statistical Distribution | Quiz | 10% | Monday 08 July 2024 | 11:55 PM Monday 22 July 2024 |
| 3 | Inference | Assignment | 10% | Monday 15 July 2024 | 11:55 PM Monday 29 July 2024 |
| 4 | Regression | Quiz | 10% | Monday 22 July 2024 | 11:55 PM Monday 12 August 2024 |
| 5 | Machine Learning /AI+ | Participation forum (Statistics in Action)* | Monday 29 July 2024 | 11:55 PM Monday 05 August 2024 | |
| 6 | Key Concepts | Participation forum (Economics in Action)* | Monday 05 August 2024 | 11:55 PM Monday 12 August 2024 | |
| 7 | Market analysis & Elasticity | Final Assignment released | Monday 12 August 2024 | 11:55 PM Monday 19 August 2024 | |
| 8 | Cost Curves & Competitive Market | Participation forum (Perfect Competition)* | Monday 19 August 2024 | 11:55 PM Monday 26 August 2024 | |
| 9 | Market Structures | Final Assignment (Eco & Quant) | 30% | Monday 26 August 2024 | 11:55 PM Monday 02 September 2024 |
| 10 | Swot Vac | (none) | |||
| 12 | Final Assessment | 30% | 01:00 PM Saturday 07 September 2024 | ||
| Participation | 10% | ||||
| Total | 100% | ||||
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Unit information based on version 2024.04 of the Handbook