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Macroeconomics for Managers (ECON90032)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Overview
Availability | Semester 1 |
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The subject covers issues relating to the labour market (employment and unemployment), the product market (consumption, saving and investment) and the markets for finance and foreign exchange. It covers the role of government economic policy as well as issues such as inflation and the balance of payments.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Synthesise the Classical and Keynesian divide within macroeconomic theory and policy;
- Identify and classify the constituent parts of a countrys Balance of Payments and explain the factors that may influence these components;
- Explain both the causes and consequences of movement in a countrys exchange rate;
- Explain both the causes and consequences of inflation and evaluate the policy options available to governments;
- Explain both the causes and consequences of unemployment and evaluate the policy options available to governments;
- Identify and explain key aspects of both monetary and budgetary policy;
- Access and interpret a wide range of economic statistics.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Evaluation of ideas, views and evidence
- Synthesis of ideas, views and evidence
- Critical thinking
- Application of theory to economic policy and business decision making
- Accessing economic and other information
- Summary and interpretation of information
- Written communication
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Available to students in the Master of Management suite of programs and students enrolled in programs offered by the Graduate School of Humanities and Social Sciences.
Corequisites
None
Non-allowed subjects
This subject is not available to students enrolled in MC-ECO Master of Economics or who have completed ECON10003 Introductory Macroeconomics
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
- 2-hour end-of-semester examination (70%);
- 2000 word assignment due in week 10 (20%); and
- A multiple choice test in week 8 (10%).
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Jonathan Thong Mode of delivery On Campus (Parkville) Contact hours One 2-hour seminar and one 1-hour tutorial per week Total time commitment 170 hours Teaching period 4 March 2019 to 2 June 2019 Last self-enrol date 15 March 2019 Census date 31 March 2019 Last date to withdraw without fail 10 May 2019 Assessment period ends 28 June 2019 Semester 1 contact information
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
Enrolment restricted to Graduate Diploma in Employee Relations and Human Resource Management, the Master of Management suite of programs and to Arts Faculty students. This subject is not available to students who have passed ECON10003 Introductory Macroeconomics or equivalent.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Public Administration Course Master of Public Administration (Enhanced) - 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