MAE203 - The Global Economy

Year:

2020 unit information

Enrolment modes: Trimester 1: Burwood (Melbourne), Cloud (online)
Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Cloud (online)
Trimester 3: Cloud (online)
Credit point(s): 1
Previously coded as:

MAE102

EFTSL value: 0.125
Prerequisite: Nil
Corequisite: Nil
Incompatible with: MAE102
Study commitment

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus

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

Scheduled learning activities - 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 develops a framework to understand the ways 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.

Hurdle requirement

Hurdle requirement: achieve at least 40% of the marks available on the examination

Unit Fee Information

Click on the fee link below which describes you:

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