FIN 223

VICTORIA UNIVERSITY
College of Business
Year
Semester
Unit Code
Pre-Requisites
Credit Points
Mode of Delivery
Unit Coordinator
1. Email
2. Office No.

3. Phone Ext
Other Teaching Staff
1 Lecturer
1 Email

2 Office Number
3 Phone Ext

4 Lecturer
5 Email
6 Office Number

7 Phone Ext

8 Lecturer
9 Office Number

10 Phone Ext

11 Email
2014
One
BEO3446
BEO1105: Economic Principles
12
On Campus
Dr Sydney Lambrick (Footscray Park) [e-mail] G321 Footscray Park
4435

Ms Marian Burford (Footscray Park)
[e-mail]
A.524
4165

Ms Christine Oh (Sunway) [e-mail] Room 333
833
Dr Feng Li (Lioning)

[e-mail]

DESCRIPTOR
The aims of this subject are to: (i) expose students to some of the more recent developments in Australian financial markets and (ii) provide students with an advanced theoretical framework for the analysis of financial markets and monetary developments.
LEARNING OUTCOMES
On completion of this subject, you should be able to:
1 Explain the functions of a financial system and the role of financial institutions and markets in the functioning of the economy.
2 Identify and discuss the characteristics of different types of financial institutions and instruments.
3 Evaluate, using economic principles, the efficiency of a financial system and be able to identify barriers to efficient outcomes.
4 Identify and summarise the principal functions of the Reserve Bank and Australian Prudential Regulation Authority, and differentiate their respective roles.
5 Explain the role of monetary policy in contributing to economic stability, and debate the effectiveness of different approaches to its implementation
6 Summarise and evaluate the role of financial institutions and markets in the implementation of monetary policy.
7 Debate the rationale for regulation of the financial system and assess