Advanced Financial Economics
| Code | School | Level | Credits | Semesters |
| ECON3088 | Economics | 3 | 20 | Autumn Malaysia |
- Code
- ECON3088
- School
- Economics
- Level
- 3
- Credits
- 20
- Semesters
- Autumn Malaysia
Summary
- Saving: Focus - how agents make intertemporal decisions about their savings and wealth accumulation
- Saving: Focus - puzzles and Household Portfolios - credit markets & credit markets imperfections, and why do households hold different kinds of assets.
- Asset Allocation & Asset Pricing: Focus - intertemporal portfolio selection, asset pricing and theequity premium puzzle
- Bond markets and fixed income securities
- The term structure of interest rates
- The role of behavioural finance in explaining stock market puzzles
Target Students
Economics students
Classes
- One 1-hour tutorial each week for 4 weeks
- One 2-hour seminar each week for 2 weeks
- One 1-hour lecture each week for 10 weeks
- One 2-hour lecture each week for 9 weeks
Assessment
- 25% Group Essay and Presentation
- 75% Exam 1 (1-hour-30-minute): take home exam
Assessed by end of autumn semester
Educational Aims
The primary aims of the module are:• to analyze the role of financial markets in the presence of frictions.• to examine the implications of financial frictions for corporate and consumer finance• to examine the impact of financial shocks on the economy.Learning Outcomes
On completing this module students should be able to:
A2 Apply core economic theory and economic reasoning to applied topics.
A6 Extensive knowledge and skills in specific specialisms in economics.
B1 Work with abstract concepts and in a context of generality.
C4 Understand the context in which a problem is to be addressed.
D2 Communicate effectively and clearly in written and oral formats.
D4 Show that they can work effectively in a team.
Conveners
- Mahmood Ur-Rahman
Last updated 09/01/2025.