12893 (v.4) Banking (Contemporary Issues) 580
| Area: | School of Economics and Finance |
| Credits: | 50.0 |
| Contact Hours: | 3.0 |
| Lecture: | 1 x 1.5 Hours Weekly |
| Tutorial: | 1 x 1.5 Hours Weekly |
| Syllabus: | The basic building blocks of financial intermediation including concepts relating to risk preferences, diversification, riskless arbitrage, options, market efficiency, market compenteness, asymmetric information and signaling, agency and moral hazard, time consistency, Nash equilibrium and revision of beliefs and Bayes Rule. We discuss the nature and variety of financial intermediation, and what it is. |
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| Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information. |
| Unit References: | Extensive reading list of journals and texts issued to students in class. |
| Unit Texts: | Greenbaum, S.I. and Thakor, A.V. (1995). Contemporary Financial Intermediation. Sydney, Dryden Press. |
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| Unit Assessment Breakdown: | Presentations (Journal Article) 25%, Attendance and Participation 15%, Presentation (Project) 20%, Project 40%. This is done by grade/mark assessment. |
Current as of: February 2, 2004
CRICOS provider code 00301J
