Page 130 - Handbook Bachelor Degree of Science Academic Session 20202021

Faculty of Science Handbook, Academic Session 2020/2021

Medium of Instruction: References:
English 1. Richard T. Froyen. (2002). Macroeconomics: Theories
and policies (7 ed.). Prentice Hall.
th
Soft Skills: 2. Case, Karl E. (2007). Principles of macroeconomics.
CS2, CTPS1, LL1 Pearson Prentice Hall.
3. Sloman, J., Hinde, K., & Garratt, D. (2013). Economics
References: for business (6 ed.). Pearson.
th
1. Reimers, Jane L. (2007). Financial accounting. 4. Bade, R., Parkin, M. (2014). Foundation of economics.
Pearson Prentice Hall. Pearson.
2. Hermanson, R.H., & J.D. Edwards. (1995). Financial
accounting: A business perspective (6 ed.). Irwin.
th
3. Hoggett, J., & L. Edwards. (1996). Financial accounting SIQ2003 FINANCIAL MATHEMATICS AND
in Australia (3 ed.). Queensland: John Wiley and DERIVATIVES
rd
Sons.
4. Kirkwood, L., C. Ryan, J. Falt, & T. Stanley. (1993). Time Value of Money: simple interest, compound interest,
rd
Accounting: An Introductory Perspective (3 ed.). present and accumulated values, nominal rate of interest,
Melbourne: Longman Cheshire. force of interest, equation of value.
5. Meigs, W.B., & R.F. Meigs. (1995). Financial
th
accounting (8 ed.) New York: McGraw Hill. Annuities: annuity immediate, annuity due, perpetuity, m-thly
annuity, continuous type annuity, deferred annuities, varying
annuities.
SIQ2001 MICROECONOMICS
Instalments: Amortization, sinking funds, amortization with
Fundamental principles of economics; price theory which continuous payments.
covers the demand model, supply model and equilibrium
point; shape of demand curve and consumer behavior; Bonds: Types of bonds, pricing formula, callable and serial
substitution effects and income; shape of supply curve and bonds, other securities.
behavior of firms; theory of production and cost of
production; analysis of competitive markets in the short term; Cash flows: Discounted cash flows, internal rate of return,
monopoly and oligopoly. money-weighted and time weighted rate of return.

Assessment: Term Structure of Interest Rate: Yield curves, spot and
Continuous Assessment: 40% forward rates, duration, convexity, immunization.
Final Examination: 60%
Introduction to Derivatives: Forward and futures, short and
Medium of Instruction: long positions, arbitrage, put and call options, put-call parity,
English swaps, put-call parity, hedging.

Soft Skills: Assessment:
CS2, CTPS2, LL1 Continuous Assessment: 40%
Final Examination: 60%
References:
1. Katz, Michael L., & Rosen, Harvey S. (1999). Medium of Instruction:
nd
Microeconomics (2 ed.). McGraw Hill. English
2. Sloman, J., Hinde, K. and Garratt, D. (2013).
th
Economics for business (6 ed.). Pearson. Soft Skills:
3. Begg, D. (2012). Economics for business. McGraw Hill CS3, CTPS3
Higher Education.
4. Bade, R., & Parkin, M. (2014). Foundation of References:
economics. Pearson. 1. Broverman, S. A. (2010). Mathematics of investment
and credit (5 ed.). Actex Publications.
th
rd
2. Kellison, G. (2008). Theory of interest (3 ed.).
SIQ2002 MACROECONOMICS McGraw-Hill.
rd
3. McDonald, R. L. (2012). Derivatives markets (3 ed.).
Macroeconomic issues and problems; fundamental Prentice Hall.
concepts of national income; method of calculating national 4. McCutcheon, J. J., & Scott W. F.(1989). Introduction to
income; simple Keynesian model; derivation of IS curve, LM the mathematics of finance. Butterworth-Heinemann.
curve, aggregate demand curve, and aggregate supply
curve; relationship between interest rates, monetary SIQ3001 ACTUARIAL MATHEMATICS I
demand, consumption and investments; relationship
between price levels, monetary demand, aggregate demand Survival distributions: lifetime probability functions, force of
and aggregate supply in a Keynesian model. mortality, moments and variance, parametric survival
models, percentiles, recursions, fractional ages, select and
ultimate life tables.
Assessment:
Continuous Assessment: 40% Life Insurances: continuous type life insurances, discrete
Final Examination: 60% type life insurances, probabilities, percentiles, recursive
formula, m-thly payments, varying insurance.
Medium of Instruction:
English Life Annuities: continuous type life annuities, discrete type
life annuities, expectation and variance, probabilities,
Soft Skills: percentiles, recursive formulas, m-thly payments, varying
CS2, CTPS2, LL1 annuities.

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