1. Explain the key premises of laissez faire economics.
2. Explain the key premise of Keynesian economics.
3. Outline the concept of opportunity cost as an assumption in the study of economics. Provide a relevant example that shows the practical application of this concept.
4. Explain capital adequacy requirements in Australia and describe capital adequacy requirements for one type of financial services institution.
5. Outline two key determinants of demand and explain the circumstance that would cause the demand curve to shift, giving an example to illustrate your answer.
6. Explain the capital assets pricing model and its key use.
7. Explain the Arbitrage pricing model and its key uses.
8. Explain the importance of Tobin's investment theory and its key premise.
9. Explain the term Net Present Value and its use as a financial model.
10. Describe the basic structure and operation of four of the main types of institutions that operate within the Australian financial services industry. Include the government institution that is responsible for supervising and/or regulating each type of institution.
11. Explain the definition of a financial service as set out in the Corporations Act 2001, and in which section of the act is this listed?
12. Explain the definition of a financial product as set out in the Corporations Act 2001, and in which section of the act is this listed?
13. Outline the primary responsibility of the Australian Competition and Consumer Commission.
14. List the five key areas in which the Australian Consumer Law offers protection to consumers.
15. Briefly explain the general intent of the Privacy Act 1988.
16. Briefly explain the purpose of the Australian Privacy Principles and who must follow these principles.
17. Explain the key obligations of a credit provider under the National Credit Act.
18. Explain the key requirements of the Financial Transaction Reports Act for an accountant who meets the definition of a cash dealer.
19. Explain the importance of valid and reliable research data.
20. Explain the term standard deviation in relation to analysing research data.
21. Explain the use of correlation analysis in research.
22. Describe how the economic climate influences financial services industry.
23. Describe how the political climate influences the financial services industry.