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International Macroeconomics (ECON30029)

Undergraduate level 3Points: 12.5On Campus (Parkville)

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Overview

Availability
Semester 2
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This subject provides an introduction to open economy macroeconomics and international finance. Topics will include balance of payments, the determination of exchange rates, the effects of monetary and fiscal policies under fixed and floating exchange rate regimes, global capital markets, balance of payments crises, and financial globalization and the challenges facing developing economies.

Intended learning outcomes

On successful completion of this subject, students will be able to:

  • Develop an intellectual framework to study international economic phenomena;
  • Apply open economy models to understand contemporary economic developments;
  • Utilise open economy models to provide policy advice; and
  • Demonstrate critical evaluation of competing theories and models using data and empirical methods.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • High level of development: problem solving, application of theory to practice, interpretation and analysis, critical thinking.
  • Moderate level of development: oral communication, written communication, collaborative learning, statistical reasoning, synthesis of data and other information, evaluation of data and other information, receptiveness to alternative ideas.
  • Some level of development: team work, use of computer software, accessing data and other information from a range of sources.

Last updated: 24 April 2024

Eligibility and requirements

Prerequisites

All of

Code Name Teaching period Credit Points
ECON20001 Intermediate Macroeconomics
Semester 2 (On Campus - Parkville)
 12.5
ECON20002 Intermediate Microeconomics
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

None

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: 24 April 2024

Assessment

DescriptionTimingPercentage

Assignment 1

  • 750 words
Week 415%

Assignment 2

  • 750 words
Week 1015%

Mid-semester test

  • 1 hours
Week 620%

End-of-semester examination

  • 2 hours
Hurdle requirement: To pass this subject, students must pass the end of semester examination.		During the examination period50%

Last updated: 24 April 2024

Dates & times

  • Semester 2
    Principal coordinatorJiao Wang
    Mode of deliveryOn Campus (Parkville)
    Contact hoursOne 2-hour lecture and one 1-hour tutorial per week
    Total time commitment170 hours
    Teaching period22 July 2024 to 20 October 2024
    Last self-enrol date 2 August 2024
    Census date 2 September 2024
    Last date to withdraw without fail20 September 2024
    Assessment period ends15 November 2024

    Semester 2 contact information

    Jiao Wang: jiao.wang@unimelb.edu.au

Time commitment details

One 2-hour lecture and one 1-hour tutorial per week

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: 24 April 2024

Further information

  • Texts

    Prescribed texts

    Students will be advised of the prescribed texts and reading materials by the subject coordinator.

  • 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: 24 April 2024