Money, Employment and Growth (11223.1)

Availability

• UC - Canberra, Bruce

  Year	Teaching Period	Convener		Mode of Delivery
  2020	Semester 2	DR   Raymond   LI	(Ph: +61 2 62015211 )	ON-CAMPUS
  2021	Semester 2	DR   Raymond   LI	(Ph: +61 2 62015211 )	ON-CAMPUS

Unit Outlines

To view your Unit Outline, click View to log in to MyUC and access this information, or visit your unit's online teaching site.

• Semester 2, 2019, ON-CAMPUS, BRUCE (184880) - View

If a link to your Unit Outline is not displayed, please check back later. Unit Outlines are generally published by Week One of the relevant teaching period.

Syllabus

This foundation unit introduces the theories of the determination of output, employment and growth, including the role of overseas trade: the role of money, banking and the rate of interest in the economy; the labour market and inflationary processes.

Learning Outcomes

After successful completion of this unit, students will be able to:

1. Explain introductory macroeconomic concepts and how the competitive market operates using demand and supply models;

2. Explain the meaning and significance of macroeconomic terms and concepts;

3. Analyse the Australian economy using simple macroeconomic models, diagrams and simple quantitative terms;

4. Explain how output, employment and price are determined using the standard aggregate demand/ supply model;

5. Describe how fiscal and monetary policies can be used to achieve macroeconomic goals in an open economy like Australia; and

6. Reflect upon their unit experience, including theories, discussions and feedback, and how it relates to the goals set out in their professional portfolio.

Assessment Items

Contact Hours

One 2 hour lecture and one 1 hour tutorial on-campus per week.

Prerequisites

11175 Introduction to Economics.

Corequisites

None.

Assumed Knowledge

This unit requires prior knowledge of basic economic principles and theories, which are covered in the pre-requisite unit Introduction to Economics.

Incompatible Units

None.

Equivalent Units

10083 Money, Employment and Growth.