ECC5740 Economics of financial decision making
Faculty of Business and Economics
ECC5740 Economics of financial decision making is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2025 in Semester 2 at Caulfield. It needs ECC5900 or ECF5927.
- Credit points
- 6
- Offered in 2025
- Semester 2
- Caulfield
- Assessment
- Exam 40%
- and 2 other tasks
- Workload
- 144 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before ECC5740
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ECC5740
No unit lists ECC5740 as a prerequisite in the 2025 handbook.
Enrolment rules
If you are enrolled in course B3701, there is no prerequisite to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
The unit topics include household and consumer finance, the role of debt and credit in the economy, firm investment, and implications of financial decision making. Tools and concepts are developed to explore these topics, which include (but not limited to) causal inference in financial economics, expectations, risk preferences, and portfolio choice
Offerings in 2025
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Written40%
- Presentation20%
- Examination40%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the function of financial markets and intermediation in the modern economy
- 2
understand how consumers and firms choose their portfolios and investment
- 3
understand the trade-off between risk and return
- 4
understand the consequences of financial decision making by firms and households at the micro and macro levels.
Workload and teaching
- Workshops24 hours
- Teaching approachEnquiry-based learning
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in enquiry-based learning, where they will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Professor Kaveh Majlesi
Common questions
What are the prerequisites for ECC5740?
You need ECC5900 or ECF5927 before you enrol. Enrolment rules also apply.
When is ECC5740 offered?
In 2025, ECC5740 runs in Semester 2 at Caulfield.
How much work is ECC5740?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC5740 have an exam?
Yes. The exam is worth 40% of the final mark, alongside 2 other tasks.