RECESSIONS, INFLATION AND ECONOMIC GROWTH

ECO1RIG

2014

Credit points: 15

Subject outline

Introduces students to the study of the economy as a whole and to the economic way of thinking. Topics include: national income accounting, consumption and investment demand, government spending, exports and imports, aggregate demand and supply, money and banking, fiscal and monetary policy, alternative macroeconomic theories, the balance of payments, national and foreign debt, inflation, unemployment, productivity and economic growth.

Faculty: Faculty of Business, Economics and Law

Credit points: 15

Subject Co-ordinator: Liam Lenten

Available to Study Abroad Students: Yes

Subject year level: Year Level 1 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: N/A

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsPrinciples of MacroeconomicsPrescribedStonecash, R., Gans, J., King, S., Mankiw, N.CENGAGE LEARNING 5TH EDITION (2011)

Bendigo, 2014, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Liam Lenten

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
one 1-hour mid-semester test15
one 2-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject60
weekly problem sets/assignment (maximum 1,000 words)25

China, 2014, Week 08-23, Day

Overview

Online enrolment: No

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Jan Libich

Class requirements

LectureWeek: 08 - 23
One 2.0 hours lecture other recurrence on weekdays during the day from week 08 to week 23 and delivered via face-to-face.

Assessments

Assessment elementComments%
one 1-hour mid-semester test15
one 2-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject60
weekly problem sets/assignment (maximum 1,000 words)25

Dandenong, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Liam Lenten

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
one 1-hour mid-semester test15
one 2-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject60
weekly problem sets/assignment (maximum 1,000 words)25

Melbourne, 2014, Semester 1, Night

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Liam Lenten

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays at night from week 10 to week 22 and delivered via face-to-face.

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on weekdays at night from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
one 1-hour mid-semester test15
one 2-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject60
weekly problem sets/assignment (maximum 1,000 words)25

Melbourne, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Liam Lenten

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

TutorialWeek: 31 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
one 1-hour mid-semester test15
one 2-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject60
weekly problem sets/assignment (maximum 1,000 words)25

Sydney, 2014, ACN Semester 1, Day

Overview

Online enrolment: No

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Jan Libich

Class requirements

LectureWeek: 11 - 22
One 3.0 hours lecture per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
one 1-hour mid-semester test15
one 2-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject60
weekly problem sets/assignment (maximum 1,000 words)25

Sydney, 2014, ACN Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Liam Lenten

Class requirements

LectureWeek: 28 - 39
One 3.0 hours lecture per week on weekdays during the day from week 28 to week 39 and delivered via face-to-face.

Assessments

Assessment elementComments%
one 1-hour mid-semester test15
one 2-hour final examinationHurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject60
weekly problem sets/assignment (maximum 1,000 words)25