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
S2-01-CAULFIELD-ON-CAMPUS
Requisites
Prohibition
Rules
Enrolment Rule
Contacts
Chief Examiner(s)
Dr Anupama Sethi
Notes
ECX1200 can be taken as an alternative to this unit
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
Problem-based learning
Assessment
1 - Within semester assessment
2 - Examination
Scheduled and non-scheduled teaching activities
Workshops
Workload requirements
Workload
Learning resources
Required resources