MACROECONOMIC FLUCTUATIONS, GROWTH AND POLICY

ECO2MFG

2014

Credit points: 15

Subject outline

This is an intermediate macroeconomic theory subject. It concentrates focuses on the theory of aggregate demand, aggregate supply, unemployment and inflation, in the contexts of both closed and open economies, an open as well as closed economy context and on the fundamentals of the basic business cycle. Connections are also made between macroeconomic illustrations and the performance of financial markets with forward-looking behaviour. It includes references to the applicability of these theories to the Australian economy.

Faculty: Faculty of Business, Economics and Law

Credit points: 15

Subject Co-ordinator: Shawn Leu

Available to Study Abroad Students: Yes

Subject year level: Year Level 2 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: ECO1RIG or ECO2PEC or ECO1PPB or ECO1IMA or subject to Head of School approval.

Co-requisites: N/A

Incompatible subjects: ECO2PPB, ECO2MAT

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsMacroeconomicsPrescribedBlanchard, O. J., Sheen, J.4TH. AUSTRALASIAN EDN. PEARSON, 2013

Bendigo, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Axel Wieneke

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%
2 Quizzes30
Final Exam60
Tutorial participation10

Melbourne, 2014, Semester 1, Night

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Shawn Leu

Class requirements

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

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

Assessments

Assessment elementComments%
2 Quizzes30
Final Exam60
Tutorial participation10

Melbourne, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Nhai Pham

Class requirements

LectureWeek: 31 - 43
Two 1.0 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%
2 Quizzes30
Final Exam60
Tutorial participation10