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 | |
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
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.
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).
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO3018's Timetable