Monetary Economics (ECON40013)

HonoursPoints: 12.5Not available in 2019

You’re viewing the 2019 Handbook:
Or view archived Handbooks
You’re currently viewing the 2019 version of this subject

Overview

FeesLook up fees

An advanced introduction to modern monetary economics. Covers topics such as neoclassical monetary theory; price rigidities; interest rates, inflation targeting and central banking; rules versus discretion in monetary policy; microeconomic foundations of monetary economics. Both theoretical and empirical issues will be emphasised. Open economy aspects of monetary economics will be covered where appropriate.

Intended learning outcomes

Information not available.

Generic skills

  • Moderate level of development: oral communication; written communication; collaborative learning; problem solving; team work; statistical reasoning; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; receptiveness to alternative ideas.

Last updated: 3 November 2022

Eligibility and requirements

Prerequisites

Admission into BH-COM or BH-ARTS (Economics) and both of the following:

Code Name Teaching period Credit Points
ECON40001 Advanced Microeconomics
Semester 1 (On Campus - Parkville)
 12.5
ECON40002 Advanced Macroeconomics
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

Students may not gain credit for both

Code Name Teaching period Credit Points
ECON40013 Monetary Economics
Not available in 2019
 12.5
and
Code Name Teaching period Credit Points
ECON90011 Monetary Economics
Not available in 2019
 12.5
.

Recommended background knowledge

Please refer to Prerequisites and Corequisites.

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

  • A 3-hour end-of-semester examination (50%)
  • Problem sets submitted fortnightly (20%)
  • A 1.5 hour mid-semester examination in Week 7 (30%)

Last updated: 3 November 2022

Dates & times

Not available in 2019

Time commitment details

170 Hours

Last updated: 3 November 2022

Further information

  • Texts

    Prescribed texts

    You will be advised of prescribed texts by your lecturer.

  • 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