ECONOMIC GROWTH AND STABILITY: THEORY AND EVIDENCE

ECO3EGS

2019

Credit points: 15

Subject outline

In this subject you will build on your knowledge of microeconomic and macroeconomic theory. You will develop your capacity to analyse Australian macroeconomic policy questions relating to, among other things, consumption, investment, long-run economic growth, macroeconomic stabilization, inflation and unemployment.

School: La Trobe Business School

Credit points: 15

Subject Co-ordinator: Jan Libich

Available to Study Abroad Students: Yes

Subject year level: Year Level 3 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: ECO2MFG or ECO2MAT or ECO2PPB

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Graduate capabilities & intended learning outcomes

01. Apply economic concept and reasoning to analyse long-run economic growth.

Activities:
Lectures, tutorial exercises, group assignments / problem sets
Related graduate capabilities and elements:
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

02. Apply economic concepts and reasoning to analyse consumption and saving.

Activities:
Lectures, group assignments / problem sets, 1,500-word assignment
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)

03. Apply economic concepts and reasoning to analyse unemployment viewed from a medium-term perspective.

Activities:
Lectures, tutorials exercises, group assignments / problem sets
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)

04. Synthesise and communication solutions to policy questions related to economic growth, consumption, saving and unemployment.

Activities:
Lectures, tutorial exercises, 1500-word assignment and final examination
Related graduate capabilities and elements:
Literacies and Communication Skills(Quantitative Literacy)

Melbourne, 2019, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Jan Libich

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: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Tutorial exercisesEquivalent to 500 words. Summative assessment task.1003
Five 100-word per-student-equivalent group-based problem sets / blog postsSummative assessment task.1003
One 2-hour final examinationEquivalent to 2000 words. Summative assessment task. discipline-specific knowledge and skills. quant literacy5001, 04
One 1,500-word (essay-based) individual assignmentSummative assessment task. inquiry research, critical thinking3002