Course search
2024 unit information
Not offered in 2024.
MAE905
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.
1 x 3 hour seminar per week
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.
Be able to analyse various macro data and understand their implications for macroeconomic performance.
GLO1: Discipline-specific knowledge capabilitiesGLO4: Critical thinkingGLO5: Problem solving
ULO2
Determine what factors affect the demand for currency and what determines how agents settle transactions GDP.
GLO4: Critical thinkingGLO5: Problem solving
ULO3
Critically analyse and apply various models of consumption and investment behaviour to economic problems.
ULO4
Determine the effectiveness of government policies under different conditions.
ULO5
Explain the impact of trade policies.
ULO6
Apply the macroeconomic theories learned to analyse contemporary economic issues.
Assessment 1: (Individual) Report (Analytical) Problem Set
Assessment 2: (Individual) Report (Analytical) Problem Set
End-of-unit assessment task: Written Response Test
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 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.
The texts and reading list for the unit can be found on the University Library via the link below: MAE907 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.
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
Use the Fee estimator to see course and unit fees applicable to your course and type of place.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.
