year status, one semester spread over the year, 2 lectures per week, 1 tutorial
every second week.
Convener : Dr
- ACC1006F/S & ACC1011S (60% average)
- ECO1010F & ECO1011S (60% average)
- STA1006S (70%)
- MAM1000W (70%)
The aim of the course is
to provide a grounding in financial mathematics and some simple applications.
Topics covered are cash flow models for financial transactions, compound
interest and discounting, present values and accumulations of streams of
payments, nominal and effective rates, compound interest functions, equations
of value, loan schedules, project appraisal techniques, basic types of assets,
pricing methods, the term structure of interest rates and stochastic interest
An overall average
of 40% for class-work.
- Tutorials and Tests 40%
- Examination (3hr) 60%
Last updated : 11 Aug 2014