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Macroeconomics (ECON90080)
Graduate courseworkPoints: 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 2
Overview
Availability | Semester 2 |
---|---|
Fees | Look up fees |
This subject is an introduction to advanced study of macroeconomics. An integrated theoretical framework – a simple life cycle model – is used to explore the central issues of macroeconomics. Major topics to be covered include income determination and economic growth, economic fluctuations and business cycle, fiscal and monetary policy, open economy, and international trade. The overall objective of this subject is to provide students with an integrated neoclassical approach to address substantive macroeconomic questions to improve their critical thinking and analytical skills and enhance their understanding of aggregate economic behaviour.
Intended learning outcomes
On completion of this subject, students should be able to:
- Understand the development of macroeconomic thought and major macroeconomic theories
- Use the life cycle model to explain economic growth and identify important factors that lead to income differences across countries
- Analyse and simulate the dynamic responses of economic aggregates following changes in productivity, population, economic policies, and so on
- Extend the life cycle model to include fiscal policy and money to analyse the short-run and long-run economic effects of certain fiscal and monetary policy
- Use a two-country life cycle model to analyse important questions related to international trade and open economy
Generic skills
- High level of development: written communication; problem solving; application of theory to practice; interpretation and analysis; critical thinking.
- Moderate level of development: use of computer software; accessing data and other information from a range of sources; receptiveness to alternative ideas.
- Some level of development: oral communication; synthesis of data and other information; evaluation of data and other information.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into or selection of one of the following:
- MC-AEMTRCS Master of Applied Econometrics
- MC-AECOENH Master of Applied Econometrics (Enhanced)
AND
All of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON20001 | Intermediate Macroeconomics | Semester 2 (On Campus - Parkville) |
12.5 |
ECON20002 | Intermediate Microeconomics |
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
Or equivalent
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON30009 | Macroeconomics | Semester 2 (On Campus - Parkville) |
12.5 |
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 |
---|---|---|
Group Assignment. Normally 2-3 students per group
| Week 5 | 8% |
Mid-Semester Test
| Week 7 | 20% |
Group Assignment. Normally 2-3 students per group
| Week 10 | 7% |
Final Exam
| During the examination period | 65% |
Last updated: 31 January 2024
Dates & times
- Semester 2
Principal coordinator James Hansen Mode of delivery On Campus (Parkville) Contact hours Two hours of lectures and a one hour tutorial each week Total time commitment 170 hours Teaching period 24 July 2023 to 22 October 2023 Last self-enrol date 4 August 2023 Census date 31 August 2023 Last date to withdraw without fail 22 September 2023 Assessment period ends 17 November 2023 Semester 2 contact information
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
There are no specifically prescribed or recommended texts for this subject.
Last updated: 31 January 2024