Overview
This unit uses aggregate demand and supply analysis as a tool for identifying and explaining the business cycle, output growth employment, inflation and the current account deficit. The investigation will illustrate the impact of the macroeconomy on decisions by firms and other economic agents in the economy and the effect … For more content click the Read More button below.
Offerings
S1-01-CAULFIELD-ON-CAMPUS
S1-FF-CAULFIELD-FLEXIBLE
S2-01-CAULFIELD-ON-CAMPUS
TRI-A-29-CITY-ON-CAMPUS
TRI-B-29-CITY-ON-CAMPUS
TRI-C-29-CITY-ON-CAMPUS
Requisites
Prohibition
Contacts
Chief Examiner(s)
Professor Mark Crosby
Dr Kris Ivanovski
Notes
IMPORTANT NOTICE:
Scheduled teaching activities and/or workload information are subject to change in response to COVID-19, please check your Unit timetable and Unit Moodle site for more details.
Learning outcomes
On successful completion of this unit, you should be able to:
1.
understand and evaluate the importance of factors that determine aggregate output, unemployment, interest rates, inflation and the exchange rate
2.
appreciate the influence of macroeconomic conditions on decision making in government, business and international trade
3.
analyse and critically evaluate policies designed to affect individual behaviour and aggregate outcomes.
Teaching approach
Active learning
Assessment
1 - Within semester assessment
2 - Examination
Scheduled and non-scheduled teaching activities
Lectures
Tutorials
Workshops
Workload requirements
Workload
Learning resources
Required resources
Other unit costs
Costs are indicative and subject to change.
Electronics, calculators and tools: $40