ECO3018 : Financial Economics
ECO3018 : Financial Economics
- Offered for Year: 2024/25
- Module Leader(s): Dr Xueqi Dong
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
Semester 2 Credit Value: | 10 |
ECTS Credits: | 5.0 |
European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Code | Title |
---|---|
ECO1007 | Statistical Methods for Economics |
ECO1010 | Mathematics for Economics |
ECO2004 | Microeconomic Analysis |
Pre Requisite Comment
Students require a foundation in microeconomics, essential mathematical skills (including algebra and probability theory), and the ability to comprehend basic statistical inference.
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
To develop an understanding of tasks facing participants in the bond and stock markets. To introduce students to the Efficient Markets debate. To introduce students to the practical side of financial market risk management, and to develop an understanding of competing views of financial market behaviour.
The module aims to familiarise students with the workings of the financial markets and financial decision making. It is designed to provide an understanding of investment decision making, the main financial models for valuing asset in conditions of certainty and uncertainty, and the importance of market efficiency. Asset values and rates of return will be examined together with the use of portfolios in risk diversification. The course will review the main asset pricing models and consider the problems encountered when testing them empirically. Finally the main theoretical issues that are currently outstanding in this field will be discussed.
Outline Of Syllabus
Introduction to Finance and Investment Appraisal
Valuation and Portfolio Theory
Asset Pricing Models
Efficient Markets
Bond Markets
Options and Futures
Learning Outcomes
Intended Knowledge Outcomes
Knowledge of the basic functions and terminology of the bond and stock markets.
Comprehension of the main issues in the Efficient Markets debate.
Understanding of the role and use of risk metrics.
Understanding the methods by which stock and bond portfolios may be managed.
Understand the use of asset pricing models.
Intended Skill Outcomes
Applications of economic reasoning to financial market issues.
Teaching Methods
Teaching Activities
Category | Activity | Number | Length | Student Hours | Comment |
---|---|---|---|---|---|
Scheduled Learning And Teaching Activities | Lecture | 12 | 1:00 | 12:00 | PiP lectures |
Guided Independent Study | Assessment preparation and completion | 1 | 30:00 | 30:00 | N/A |
Guided Independent Study | Directed research and reading | 1 | 33:00 | 33:00 | N/A |
Scheduled Learning And Teaching Activities | Small group teaching | 4 | 1:00 | 4:00 | PiP seminars |
Guided Independent Study | Independent study | 1 | 17:00 | 17:00 | N/A |
Scheduled Learning And Teaching Activities | Scheduled on-line contact time | 4 | 1:00 | 4:00 | N/A |
Total | 100:00 |
Teaching Rationale And Relationship
Lectures deliver comprehensive information, introduce new topics, and inspire students, providing a structured overview.
Seminars, in smaller groups, encourage interactive discussions, critical thinking, and the application of knowledge. They focus on skill development, personalized feedback, and deepening understanding through active participation.
Reading Lists
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
Description | Length | Semester | When Set | Percentage | Comment |
---|---|---|---|---|---|
Written Examination | 120 | 2 | A | 100 | The exam can be administered online, if necessary. |
Assessment Rationale And Relationship
The unseen examination is designed to encourage study across a broad range of topics, whereas the seminar presentation allows in-depth study of a particular area of the syllabus.
In the case of an alternative assessment for semester 1 (100% of the module mark) being necessary due to circumstances, the Module Leader will in discussion with the DPD and the University, discuss possible acceptable online alternatives, such as a take home exam delivered online with a set time limit to complete (24 hours or less as deemed appropriate).
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO3018's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- ECO3018's past Exam Papers
General Notes
N/A
Welcome to Newcastle University Module Catalogue
This is where you will be able to find all key information about modules on your programme of study. It will help you make an informed decision on the options available to you within your programme.
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Disclaimer
The information contained within the Module Catalogue relates to the 2024 academic year.
In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described.
Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2025/26 entry will be published here in early-April 2025. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.