DRE 4022 Frontiers of Household Finance

DRE 4022 Frontiers of Household Finance

Course code: 
DRE 4022
Department: 
Finance
Credits: 
4
Course coordinator: 
Paul Ehling
Course name in Norwegian: 
Frontiers of Household Finance
Product category: 
PhD
Portfolio: 
PhD Finance courses
Semester: 
2022 Autumn
Active status: 
Active
Level of study: 
PhD
Teaching language: 
English
Course type: 
One semester
Introduction

This course will cover research in household finance. We will discuss results and methods at the frontier of this field of finance and economics. We will consider several important economic decisions made by households concerning investments, leverage, consumption and labor. We will examine how households approach these important decisions, what errors they might make in doing so, and which frictions they face when attempting to solve these problems. 
 

Learning outcomes - Knowledge

Students will become familiar with various topics, methods, and data usage in household finance. Emphasis will be on exposing students to the research frontier.  

Learning outcomes - Skills

Student should be able to identify and formulate good research questions within the field of Household Finance.  

General Competence

The students will become familiar with the field of Household Finance, with emphasis on recent developments within the field.  
 

Course content

The course will cover a selection of recent papers, intended to train students to be able to formulate and execute own research within the field.  
 

Teaching and learning activities

Teaching will include lectures and class discussions of recent papers within the field of Household Finance. Students might be required to present and give feedback to other students in class.  

Software tools
No specified computer-based tools are required.
Qualifications

Enrollment in a PhD Programme is a general requirement for participation in PhD courses at BI Norwegian Business School.
External candidates are kindly asked to attach confirmation of enrollment in a PhD programme when signing up for a course. Other candidates may be allowed to sit in on courses by approval of the courseleader. Sitting in on a course does not permit registration for the course, handing in exams or gaining credits for the course. Course certificates or confirmation letters will not be issued for sitting in on courses.

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Assessments
Assessments
Exam category: 
Activity
Form of assessment: 
Class participation
Weight: 
25
Grouping: 
Group/Individual
Duration: 
1 Week(s)
Comment: 
The course grade will be based on class participation (25%), written assessments due daily during Monday, August 8 - Friday, August 12 (50%), and a final written assignment due by Thursday, August 18 (25%).
Exam code: 
DRE 40221
Grading scale: 
Point scale leading to ECTS letter grade
Resit: 
All components must, as a main rule, be retaken during next scheduled course
Exam category: 
Submission
Form of assessment: 
Written submission
Weight: 
50
Grouping: 
Individual
Duration: 
5 Day(s)
Comment: 
A written assessments due daily during Monday, August 8 - Friday, August 12 (50%)
Exam code: 
DRE 40221
Grading scale: 
Point scale leading to ECTS letter grade
Resit: 
All components must, as a main rule, be retaken during next scheduled course
Exam category: 
Submission
Form of assessment: 
Written submission
Weight: 
25
Grouping: 
Individual
Duration: 
1 Day(s)
Comment: 
A final written assignment due by Thursday, August 18 (25%).
Exam code: 
DRE 40221
Grading scale: 
Point scale leading to ECTS letter grade
Resit: 
All components must, as a main rule, be retaken during next scheduled course
Type of Assessment: 
Continuous assessment
Grading scale: 
ECTS
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
25 Hour(s)
Student's own work with learning resources
25 Hour(s)
Prepare for teaching
35 Hour(s)
Submission(s)
50 Hour(s)
Sum workload: 
135

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 4 ECTS credit corresponds to a workload of at least 110 hours.