MAE307 - Economic Policy and Practice
Unit details
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 2: Andrea La Nauze |
| Previously: | Techniques for Business and Economic Analysis |
| Prerequisite: | Successful completion of MAE201, MAE203 and MAE256 plus one unit from either MAE301, MAE304, MAE305, MAE306 or MAE312 |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Typical 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. |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 3 hour on-campus seminar (recordings provided) each week. |
| Educator-facilitated (scheduled) learning activities - online unit enrolment: | 1 x 3 hour recorded seminar each week and 1 x 1.5 scheduled online seminar in weeks 4, 8 and 11. |
Note:Online teaching methods require internet access. Please refer to the most current computer specifications. | |
Content
This unit will provide a capstone experience for students doing an Economics major. It will focus on the integration of knowledge from across the economics major and the consolidation of key skills. It will also provide the opportunity for students to develop their professional identity and enhance the transition of students to the workplace. The emphasis will be on skills economists use in the workplace, such as cost-benefit analysis and policy analysis. These skills cut-across both the government and private sector and are assessed in the unit through team-based research reports.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Frame problems in terms of core economic concepts and principles and apply economic reasoning and analytical skills in order to make informed judgements and recommendations. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Communicate relevant economic concepts and/or experiences clearly and concisely. | GLO2: Communication |
| ULO3 | Use software to analyse data for economic analysis. | GLO3: Digital literacy |
| ULO4 | Reflect on your educational journey so far; identify and distil experiences relevant to professional economists. | GLO6: Self-management |
| ULO5 | Evaluate your teamwork skills, with a focus on contributions to planning and executing team projects. | GLO7: Teamwork |
| ULO6 | Reflect on the implications of assumptions and value judgements in economic analysis and policy for society’s wellbeing. | GLO8: Global citizenship |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Professional identity | 800 words | 10% | Week 5 |
| Assessment 2: (Individual) 48 hour online assignment | 1500 words | 30% | Week 4 |
| Assessment 3: (Group of 3) Report (Analytical) | 2000 words | 25% | Week 7 |
| Assessment 4: (Group of 3) | Part A: 12 minutes | Part A: 10% | Part A: Week 5 |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement
Hurdle requirement: Achieve at least 50% of the marks available on assessment 3 and 4 as a whole (3+4A+4B) to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit. Successfully complete the professional literacy module to gain access to the assignment dropbox.
Learning Resource
The texts and reading list for the unit can be found on the University Library at the link here: MAE307 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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