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 316-449 Financial Econometrics

Credit Points

12.5

HECS Band

2

Coordinator

Associate Professor G Lim

Prerequisites

316-317 Econometrics or an honours grade in 316-316 Basic Econometrics; in special circumstances diploma students may be given permission to enrol. Some familiarity with the principles of financial analysis is desirable.

Semester

2 (view timetable)

Contact

Three hours a week of classes for one semester

Subject Description

This subject presents an econometric treatment of topics in finance. Normally the finance topics will include portfolio theory, capital asset pricing models, arbitrage pricing theory, efficient markets models, covered interest parity, term structure of interest rates, and option pricing models. The econometrics topics will include unit roots, cointegration, ARCH modelling, structural change, and regime-switching. The computer software used is EVIEWS.

Assessment

A 2-hour examination (50%) and empirical assignments of up to 3000 words (50%).



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Email Enquiries:          Course_Information@registrar.unimelb.edu.au