FIN522 Economic and Financial Decision Making (8)

This subject develops students' understanding of managerial decision-making. It is concerned with the application of financial and economics principles and methodologies to the decision making process of the business operating under conditions of risk and uncertainty. Analytical tools will be used to guide the understanding of financial and economic issues. The subject covers: risk analysis, derivatives, supply and demand, consumer behaviour theory and practice and production and cost analysis.

Availability

Session 3 (90)
Online
Bathurst Campus

Continuing students should consult the SAL for current offering details: FIN522. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System

HD/FL

Duration

One session

School

School of Accounting and Finance

Enrolment Restrictions

Enrolment in Postgraduate course

Assumed Knowledge

ECO501 or ECO511 or FIN516 or FIN531

Incompatible Subjects

ECO515

Learning Outcomes

Upon successful completion of this subject, students should:
  • identify, define and analyse managerial problems involving risk;
  • recognise financial risk and develop solutions using derivatives;
  • apply analytical techniques to financial and economic issues by constructing and then communicating solutions to users;
  • distinguish and critique the theories of supply and demand and consumer behaviour; and
  • examine and differentiate inputs and apply optimisation techniques to maximise output.

Syllabus

This subject will cover the following topics:
  • Application of analytical tools to solve financial and economic issues which will include uncertainty and risk analysis and optimisation techniques;
  • Risk minimisation using derivatives such as options, futures and swaps;
  • Analysis of demand and supply theory, quantitative demand analysis and the theory of consumer behaviour; and
  • Production and cost analysis - theory and practice.

Indicative Assessment

The following table summarises the assessment tasks for the online offering of FIN522 in Session 3 2019. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Title
Value %
1
Journal entry
10
2
Problems
20
3
Demand estimation project
20
4
Final exam
50

The information contained in the CSU Handbook was accurate at the date of publication: July 2020. The University reserves the right to vary the information at any time without notice.

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