2023 unit information
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
1 x 3 hour class per week
This unit provides students with foundation knowledge in the area of macroeconomics, by using modern methodologies to study phenomena such as long-run economic growth and fluctuations, the role and impacts of monetary and fiscal policies on outcomes, unemployment, and general price levels. The unit provides a bridge to advanced research, and equips students with the tools to understand the aggregate behaviour of the economy, and to use both theory and measurement to investigate the consequences of various policies on economics outcomes.
Be able to analyse various macro data and understand their implications for macroeconomic performance.
GLO1: Discipline-specific knowledge and capabilitiesGLO4: Critical thinkingGLO5: Problem solving
Determine what factors affect an economy’s GDP per capita and its long-term growth.
Critically analyse and apply various models of consumption and investment behaviour to economic problems.
Determine the effectiveness of macroeconomic policies under different conditions.
Explain the impacts of fiscal policies.
Apply the macroeconomic theories learned to analyse contemporary economic issues.
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: 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.
The texts and reading list for the unit can be found on the University Library via the link below: MAE905 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.
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