MAE907 - Macroeconomic Theory II

Year: 2018 unit information
Enrolment modes: Trimester 2: Burwood (Melbourne)
Credit point(s): 1
EFTSL value:

0.125

Cohort rule: This unit is only available to students enrolled in M900 - Doctor of Philosophy
Unit chair:

Pedro Gomis Pourqueras (Trimester 1 and Trimester 2)

Prerequisite:

MAE905

Corequisite:

Nil.

Incompatible with:

Nil.

Contact hours:

1 x 3 hour seminar per week.

Content

This unit covers a variety of topics in macroeconomics such as monetary economics, liquidity and aggregate activity, business cycles and volatility, economic growth, income inequality, public pensions, optimal taxation and unemployment. The topics studied all share two hallmarks of modern macroeconomic theory: (i) choice over time and (ii) uncertainty. The unit relies heavily on the recursive approach and the basic methods of stochastic processes.

Assessment

Assessment 1 (Individual) Problem Set, 25%

Assessment 2 (Individual) Problem Set, 25%

Examination (3 hours) 50%

Hurdle requirements: achieve at least 50% of the marks available on the examination

 

 

Unit Fee Information

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