Please note - Swinburne University of Technology

Subject aims
To provide students with:
an understanding of the structure, functioning and
development of Australian financial instruments and
markets;
an understanding of financial instruments and their uses
in the financial market;
the process and implications of deregulation for
monetary authorities and participants in the market.
Subject description
Financial markets and instruments
nature and role of financial intermediation;
growth and description of Australian financial
intermediaries;
impact of deregulation on the financial environment and
on Reserve Bank of Australia's role and policies.
n
5. Market issues
g. Australian debt markets;
3
O+ Australian equity markets;
- monetary policy in a deregulated market.
5.
3 References
Bruce, R., McKern, 8. and Pollard, I., (eds) Handbook ofAustralian
"r
;
corporate Finance. 4th edn, Sydney, Butterworths, 1991
c Carew, E. Fast Money 3 - The Financial Market in Australia. Sydney,
Allen and Unwin, 1991
2, Lewis, M.K. and Wallace, R.H. (eds.)Australia'sFinanciallnstitutions
" and Markets. Melbourne, Longman Cheshire, 1985
w Moore. D. et a/. Financial Institutions and Markets. 3rd edn,
~amberal, Serendip, 1992
McFarlane, I. (ed.), The Deregulation of Financial Intermediaries:
0 Proceedings of a Conference. Sydney, Reserve Bank of Australia,
I?. g 1991
VI
a.
ID
2 ~ ~ 5 0 4 The Nature and Characteristics of
ID
Markets
No. of hours per week: two hours
Prerequisites: nil
Instruction: classes
Assessment: assignments 50%, final
examination 50%
Recognition of prior learning
Credit will be given for a comparable subject successfully
completed at the graduate level.
Subject aims
This subject will provide an introduction to aspects of
microeconomics which will promote an understanding of the
nature and characteristics of markets. Students will become
familiar with analytical methods which enable them to
evaluate critically the policies and behaviour of households,
firms and the government. An understanding of the
dominant market factors affecting an organisation is
essential to the development of appropriate forecasting
techniques.
Subject description
lntroduction to the market system, basic market theory
Demand analysis
Production and costs
Market structures
Public policy
Trade and protection
Textbook
Students are expected to have access to at least one of the following
texts:
Terry, C., and Forde, K. Microeconomics: An Introduction for
Australian Students. 3rd edn, Sydney, Prentice Hall, 1992
Waud, R. and Hocking, A. Microeconomics. 2nd Australian edn,
Sydney, Harper Educational, 1992
BE603
lnternational Finance and
Monetary Theory
Prerequisite: BE503 Financial Instruments and
Markets should be completed or undertaken
concurrently
Subject aims
To introduce students to the structure and workings of
international financial centres and markets and to provide a
study of issues relating to international financial transactions,
monetary theory and internal-external management.
Subject description
The following list should be taken as a guide only:
The international financial environment
current position
major indicators
outlook
Australia's external position
balance of payments
terms of trade
external debt
Foreign exchange markets
exchange rate determination
fixed versus floating exchange rate mechanisms
transactions in foreign exchange markets
foreign exchange risk management
The international financial system
international financial centres and markets
international banking
References
Kane, D.R. Principles of International Finance. London, Croom Helm,
1988
Lindert, P.H. International Economics. 9th edn, Homewood, Illinois,
Irwin, 1991
Manuell, G. Floating Down Under - Foreign Exchange in Australia.
Sydney, Law Book Co. Ltd., 1986
6~701 Economics for Management
Course: MBA
Prerequisites: nil.
This subject is compulsory.
Subject aims
The basic objective of this subject is to provide an
understanding of economic issues relevant to management
and the application of economic concepts to effective
decision making.
Specific objectives include:
to provide an understanding of the economic
environment in which business operates;
to develop skills in interpreting economic reports and
policy statements and in evaluating the implications of
government policies for managerial decisions;