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THE JOURNEY
of how far we came, in words of mine.

It was all in His plans for me to study in Sydney. Now that I'm here, it's up to me to shine His light.

FLIGHT 818 .




unspoken .





credits .

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FLY AWAY TO SYD
on the journey to Sydney.

4 years in Sydney is an awefully long time.
Catch me before I fly away, cause I'm having the time of my life.
Friends come and go, but the close ones never part irregardless of the distance.


Friday, May 16, 2008
02:02

Just a preview of what I'm embarking on...

Below is the desciption of my Economics major - Financial Economics:

Financial Economics is concerned with understanding how financial instruments are priced in markets and how individuals and firms manage financial risk.

Markets for financial instruments arise because some firms and individuals want to borrow while others want to save. A large corporation, for example, may borrow funds to purchase new plant and equipment by issuing further stock while an individual may save by purchasing stocks or government bonds. Markets for financial instruments also arise because firms and individuals want to manage financial risk. For example, a large corporation may bet against the risk of large fluctuations in the Australian - U.S. dollar exchange rate by selling its goods by way of futures contracts. Understanding how the prices of financial instruments are determined in the market place is a central concern of financial economics, along with the design of new financial derivatives. The area of financial economics that deals with the study of real-world data is known as financial econometrics.

Financial econometrics is concerned with the statistical analysis of financial data and testing the real-world applicability of asset-pricing theories. This major provides students with a thorough understanding of the economic principles that underlie the pricing and allocative role of all financial assets, whether they are stocks, bonds, futures or options.

Now you know why my friends call me an ah tiong! haha.