Area: | WASM Mineral Economics Teaching Area |
Credits: | 12.5 |
Contact Hours: | 16.0 |
Lecture: | 4 x 4 Hours Weekly |
Prerequisite(s): | 306031 (v.1) WASM Resource Sector Finance 602 or any previous version
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Syllabus: | Options definitions and trading strategies - volatility and hedging option positions, option sensitivity to market conditions. Hedging - Methodologies and discipline, hedging in practice, real life situations and how to deal with them. Hedging simulation. Actual tuition undertaken as 16 hours of class in a four day module. |
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Unit Outcomes: | On successful completion of this unit, students will have- A basic understanding of the fundamental principles and strategies concerning the operations of derivatives and commodities markets and the setting of forwards/futures prices, hedging from the point of view of both producers and users of commodities and common financial options and their valuation. Been provided with a review of fundamental principles relating to risk and decision analysis. |
Texts and references listed below are for your information only and current as of September 30, 2003. Some units taught offshore are modified at selected locations. Please check with the unit coordinator for up-to-date information and approved offshore variations to unit information before finalising study and textbook purchases. |
Unit References: | No prescribed references. |
Unit Texts: | Pierson et al. (2002), Business finance. New York, McGraw Hill. |
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Unit Assessment Breakdown: | Exam 60%, Group assignment 10%, Individual assignments (3) 30%. This is by grade/mark assessment. |
Field of Education: | 91901 Economics | HECS Band (if applicable): | 2 |
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Extent to which this unit or thesis utilises online information: | Not Online | Result Type: | Grade/Mark |
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Availability
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 2 | Y | | | | 2004 | Bentley Campus | Short Period 11 | Y | | | | 2004 | Kalgoorlie Campus | Semester 2 | Y | | |
Area
External | refers to external course/units run by the School or Department, offered online or through Web CT, or offered by research. |
Central
External | refers to external course/units run through the Curtin Bentley-based Distance Education Area |
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