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Advanced Macroeconomics (ECON40002)
HonoursPoints: 12.5On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Mei Dong: mei.dong@unimelb.edu.au
Overview
Availability | Semester 1 |
---|---|
Fees | Look up fees |
This subject presents recent developments in macroeconomics. There will be a mix of theory and applications. The main theories to be covered may include overlapping generations models, dynamic optimisation, real business cycle theory, intertemporal open economy models and the theory of economic growth. Various theories will be illustrated using examples drawn from domestic and international policy issues, as appropriate.
Intended learning outcomes
On completion of the subject, students should be able to:
- Explain how macroeconomic researchers identify issues in macroeconomics that are important research topics
- Explain some of the techniques used by macroeconomic researchers to create knowledge;
- Evaluate the contribution of some recently created knowledge in macroeconomics;
- Synthesise some of the recently created knowledge in macroeconomics;
- Apply macroeconomic theory to analyse the potential of macroeconomic policy to improve economic welfare;
- Collaborate with others to present the content of a recent article on macroeconomics from a professional journal;
- Analyse macroeconomic material presented by the lecturer and other students;
- Explain contemporary issues in macroeconomics;
- Describe the role and limitations of government in improving individual welfare.
Generic skills
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High level of development: oral communication; written communication; collaborative learning; team work; application of theory to practice; critical thinking; synthesis of data and other information; evaluation of data and other information.
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Moderate level of development: problem solving; interpretation and analysis; accessing data and other information from a range of sources; receptiveness to alternative ideas.
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Some level of development: statistical reasoning; use of computer software.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into or selection of one of the following:
- BH-COM Bachelor of Commerce (Degree with Honours)
- MC-ECO Master of Economics
- GD-ECO Graduate Diploma in Economics
- Economics specialisation (formal) in the BH-ARTS Bachelor of Arts (Degree with Honours)
OR
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON30009 | Macroeconomics | Semester 2 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
None
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Assignment 1
| Week 4 | 5% |
Assignment 2
| Week 6 | 5% |
Assginment 3
| Week 9 | 5% |
Assessment 4
| Week 11 | 5% |
Group Presentation (4-5 students per group)
| From Week 9 to Week 12 | 15% |
End-of-semester Examination
| During the examination period | 65% |
Last updated: 31 January 2024
Dates & times
- Semester 1
Coordinator Mei Dong Mode of delivery On Campus (Parkville) Contact hours Three 1-hour lectures and one 1-hour tutorial per week. Total time commitment 170 hours Teaching period 27 February 2023 to 28 May 2023 Last self-enrol date 10 March 2023 Census date 31 March 2023 Last date to withdraw without fail 5 May 2023 Assessment period ends 23 June 2023 Semester 1 contact information
Mei Dong: mei.dong@unimelb.edu.au
Time commitment details
170 Hours
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Diploma in Economics Course Master of Economics - 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: 31 January 2024