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Monetary Economics (ECON90011)
Graduate courseworkPoints: 12.5Not available in 2017
Overview
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This is an advanced course on modern monetary economics, providing coverage of issues and techniques of analysis used in current research. Topics may include: general equilibrium models of money, inflation and public finance, money and time consistency, search-theoretic models of money, and monetary policy. Both theoretical and empirical issues will be covered.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Evaluate the main theories used in the study of monetary economics;
- Use small analytic models to evaluate monetary theories;
- Use quantitative evidence to evaluate the usefulness and limitations of monetary theories;
- Critically evaluate contemporary policy debates in the area of monetary economics.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
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Evaluation of ideas, views and evidence
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Synthesis of ideas, views and evidence
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Strategic thinking
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Critical thinking
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Application of theory to economic policy
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Accessing economic and other information
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Summary and interpretation of information
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Problem solving skills
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Written communication
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Oral communication
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
One of the following 2 subjects:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40001 | Advanced Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
ECON90002 | Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
Plus one of the following subjects:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40002 | Advanced Macroeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
ECON90003 | Macroeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
ECON40013 Monetary Economics
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40013 | Monetary Economics | Not available in 2024 |
12.5 |
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- 3-hour end-of-semester examination (50%);
- Problem sets of approx. 4 pages each submitted fortnightly (20%) and
- 1.5 hour mid-semester examination conducted in week 7 (30%).
Last updated: 3 November 2022
Dates & times
Not available in 2017
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Subject notes
Students may not gain credit for both ECON90011 Monetary Economics and ECON40013 Monetary Economics.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Economics - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022