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MAE203 - The Global Economy

Unit details

Year2018 unit information
Enrolment modes:Trimester 1: Burwood (Melbourne)
Trimester 2: Warrnambool, Waterfront (Geelong), Cloud (online)
Trimester 3: Burwood (Melbourne), Cloud (online)
Credit point(s):1
EFTSL value:0.125
Previously coded as:

MAE102

Unit chair:

Pedro Porqueras

Prerequisite:Nil
Corequisite:

Nil

Incompatible with:

MAE102

Contact hours:

Campus: 1 x 2 hour class, 1 x 1 hour seminar per week

Cloud (online): Online independent and collaborative learning activities including 3 scheduled online seminars

Content

This unit provides students with an understanding of the Australian economic system within the world economy, and an ability to identify and assess current macroeconomic problems and policies. The unit is concerned with the way in which the whole economy, or large sectors of the economy work. The major sectors analysed are the household sector, the business sector, the government sector and the international sector. The unit provides insights for evaluating the working and the impacts of monetary and fiscal policy, and how central banks and treasuries conduct such policies.  Issues such as economic growth, unemployment, inflation, balance of payments and, exchange rates are also examined.

Assessment

Assessment 1 (Online/in class, individual) - Test(s) 15%

Assessment 2 (individual) - Essay 2000 words 25%

Examination 2 hours 60%

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

Unit Fee Information

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