Money, Employment and Growth (11223.1)
|Level:||Level 1 - Undergraduate Introductory Unit|
|HECS Bands:||2, 3|
|Faculty:||Faculty of Business, Government & Law|
|Discipline:||Canberra School of Politics, Economics and Society|
UC - Canberra, Bruce
Year Teaching Period Convener Mode of Delivery 2020 Semester 2 DR Raymond LI (Ph: +61 2 62015211 ) ON-CAMPUS
Possible changes to your unit's learning activities and assessment items
For the remainder of 2020, resulting from Australian Government's directives requiring physical distancing and restrictions on movement because of the COVID-19 pandemic, any exams that are required for assessment in a unit will be online exams. Online exams may also use online proctoring to help assure the academic integrity of those exams. Please contact your unit convener with any questions.
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- Semester 2, 2020, ON-CAMPUS, BRUCE (196039) - View
- Semester 2, 2019, ON-CAMPUS, BRUCE (184880) - View
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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.
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.
UC - Canberra, Bruce
- Semester 2, 2020
- Semester 2, 2019
One 2 hour lecture and one 1 hour tutorial on-campus per week.
11175 Introduction to Economics.
This unit requires prior knowledge of basic economic principles and theories, which are covered in the pre-requisite unit Introduction to Economics.
10083 Money, Employment and Growth.
- MGB302 Bachelor of Commerce (Business Economics)
- MGIT01 Bachelor of Commerce/ Bachelor of Information Technology
- MGSC01 Bachelor of Commerce/ Bachelor of Laws
- 330JA Bachelor of Secondary Education (Health and Physical Education)
- 327JA Bachelor of Secondary Education/Bachelor of Arts
- SCB301 Bachelor of Social and Economic Policy (Economic Policy)