Macroeconomics for Managers (ECON90032)
Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)
From 2023 most subjects will be taught on campus only with flexible options limited to a select number of postgraduate programs and individual subjects.
To learn more, visit COVID-19 course and subject delivery.
Overview
| Availability | Semester 1 - Dual-Delivery |
|---|---|
| Fees | Look up fees |
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: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into one of the following:
- MC-MGMT Master of Management
- MC-MGMTACT Master of Management (Accounting)
- MC-MGMTAFN Master of Management (Accounting and Finance)
- MC-MGMTFIN Master of Management (Finance)
- MC-MGMTHRE Master of Management (Human Resources)
- MC-MGMTMKT Master of Management (Marketing)
OR
Admission into programs offered by the Graduate School of Humanities and Social Sciences.
Corequisites
None
Non-allowed subjects
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ECON10003 | Introductory Macroeconomics |
Semester 1 (Dual-Delivery - Parkville)
Summer Term (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
This subject is not available to students enrolled in MC-ECO Master of Economics.
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: 31 January 2024
Assessment
| Description | Timing | Percentage |
|---|---|---|
Assignment
| Week 10 | 20% |
Multiple choice test | Week 8 | 10% |
End-of-semester examination
| During the examination period | 70% |
Additional details
Important online examination information: This examination is the equivalent of a 2-hour assessment; however, students are provided with 3-hours to accommodate the time that will be required for typesetting of mathematical expressions and the uploading of documents.
Last updated: 31 January 2024
Dates & times
- Semester 1
Coordinator Daeha Cho Mode of delivery Dual-Delivery (Parkville) Contact hours One 2-hour recorded lecture, 1-hour live online tutorial. Total time commitment 170 hours Teaching period 28 February 2022 to 29 May 2022 Last self-enrol date 11 March 2022 Census date 31 March 2022 Last date to withdraw without fail 6 May 2022 Assessment period ends 24 June 2022
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 31 January 2024
Further information
- Texts
- Subject notes
- 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.
Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants
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
Last updated: 31 January 2024