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Macroeconomics 2 (ECON90047)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Year of offer2017
Subject levelGraduate coursework
Subject codeECON90047
Campus
Parkville
Availability
Semester 1
FeesSubject EFTSL, Level, Discipline & Census Date

This subject develops the analytical skills routinely used by practicing macroeconomists. These may include: theories of long-run economic growth; the flexible and sticky price macroeconomic models; open economy macroeconomic models; and the analysis of macroeconomic policy making.

Intended learning outcomes

On successful completion of this subject students should be able to:

  • Use a range of macroeconomic models to explain macroeconomic issues;
  • Evaluate the merits of competing approaches to macroeconomics;
  • Formulate key ideas in macroeconomics using models such as the AD-AS and IS-LM models;
  • Explain the role of expectations in modern macroeconomics.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • High level of development: written communication; collaborative learning; problem solving; team work; application of theory to practice; critical thinking; synthesis of data and other information; evaluation of data and other information.
  • Moderate level of development: oral communication; interpretation and analysis; accessing data and other information from a range of sources; receptiveness to alternative ideas.
  • Some level of development: statistical reasoning; use of computer software.

Last updated: 16 August 2017