Key facts
UNE unit code: ECON405
*You are viewing the 2025 version of this unit which may be subject to change in future.
- Trimester 2 - On Campus
- Trimester 2 - Online
- Trimester 3 - Online
- Armidale Campus
- Yes
- No
- Yes
- 6
Unit information
Australia’s banking and finance industry is constantly evolving. To future proof your career in this dynamic sector, you need a solid understanding of how our financial system works and the regulations and controls that affect its operations.
This unit will provide you with an essential understanding of the banking and finance sector in Australia.
You will explore current policies and controversies in banking and finance, such as financial deregulation and prudential control. You will also hone your analytical skills assessing the performance of the Australian financial system.
Offerings
For further information about UNE's teaching periods, please go to Principal Dates.
| Teaching period | Mode/location |
|---|---|
| Trimester 2 | On Campus, Armidale Campus |
| Trimester 2 | Online |
| Trimester 3 | Online |
*Offering is subject to availability
Intensive schools
There are no intensive schools required for this unit.
Enrolment rules
Notes
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- demonstrate an in-depth understanding of the Australian Financial System including financial markets, institutions and instruments;
- demonstrate an in-depth understanding of monetary policy and its impact on the banking systems in the financial sphere;
- use a range of cognitive and communication skills to identify, evaluate and synthesise relevant information drawn from a range of sources in order to demonstrate critical thinking and judgement in making financial decisions; and
- work independently to plan and execute tasks to enhance professional knowledge and skills.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
| Title | Must Complete | Weight | Offerings | Assessment Notes |
|---|---|---|---|---|
| Assessment 1 - Policy Report | Yes | 20% | All offerings | Policy Report No. Words: 2000 |
| Assessment 2 - Presentation | Yes | 20% | All offerings | Presentation highlighting the key points of the policy report produced in Assessment 1. Maximum 5-6 slides. |
| Quizzes | Yes | 10% | All offerings | 4 Quizzes comprising multiple choice questions and short answer questions. No. Words: Not applicable owing to nature of assessment |
| Final Examination | Yes | 50% | All offerings | Students must obtain at least 50% in the exam (and at least 50% overall) to receive a pass (or better) in the unit. |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
Financial Markets, Institutions and Money
ISBN: 9780730363521
Kidwell, D.S. and others, Wiley 4th ed. 2018
Text refers to: All offerings
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