MAE907 - Macroeconomic Theory II
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Not offered in 2024. |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | This unit is only available to students enrolled in M900 |
| Prerequisite: | MAE905 |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Study commitment | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| Scheduled learning activities - campus | 1 x 3 hour seminar per week |
Content
Today, macroeconomists have turned to fully specified equilibrium models to understand the economy. Modern macroeconomic models have microeconomic foundations and are usually explicitly dynamic. This unit will cover some of the basic frameworks that macroeconomists use to understand a variety of topics such as consumption and saving decisions, the role of liquidity and aggregate activity, business cycles and volatility, economic growth, labour markets, financial intermediation or optimal taxation. The topics that will be covered in the course all share two hallmarks of modern and macroeconomic theory: (i) intertemporal choice and (ii) choice under uncertainty. This course, by exposing you to past and ongoing research in the field, will equip you with the tools necessary to embark on your own research.
Hurdle requirement
Hurdle requirements: Achieve at least 50% of the marks available on the end-of-unit assessment task to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
Unit Fee Information
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