MAE120 - Money, Growth and the Economy
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Burwood (Melbourne), Waterfront (Geelong), Online Trimester 3: Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | This unit is only available to students enrolled in D330, D332, M325 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| 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. |
| Scheduled learning activities - campus | 1 x 1 hour on-campus lecture (recording provided) and 1 x 2 hour on-campus seminar each week. |
| Scheduled learning activities - online | 1 x 1 hour online lecture (recordings provided) and 1 x 2 hour online seminar (recordings provided) each week. |
Content
This unit equips students with foundational tools and skills essential for understanding an economy as a whole, with a focus on the relationships between monetary systems, economic growth, and the business environment. Specifically, the unit covers fundamental macroeconomic principles, supported by real-world instances drawn from business and economic policy applications. 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. Extensive focus is devoted to key macroeconomic concepts, including but not limited to economic growth, money, unemployment, inflation, balance of payments, and exchange rates. Upon completing this unit, students will have developed a strong understanding of the forces that help a sustainable economic environment.
Unit Fee Information
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.
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