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Managing the Economy (11226.1)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands:

Band 3 2013-2020 (Expires 31 Dec 2020) Band 4 2021 (Commenced After 1 Jan 2021) Band 5 2021 (Commenced Before 1 Jan 2021)

Faculty: Faculty of Business, Government & Law
Discipline: Canberra School of Politics, Economics and Society


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Unit Outlines

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  • Semester 2, 2020, ON-CAMPUS, BRUCE (196029) - View
  • Semester 2, 2019, ON-CAMPUS, BRUCE (184864) - View

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Competing theories of Macroeconomics are analysed in the context of the assumptions on which they are based. These theories have widely differing implications for countercyclical fiscal and monetary policy. Students will develop their own informed view of how the Macroeconomy works.

Learning Outcomes

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

1. Explain rival macroeconomic theories and the assumptions underpinning them;

2. Use macroeconomic theory to develop recommendations for appropriate monetary and fiscal policy and be able to explain the reasons for these proposals; and

3. 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.


11175 Introduction to Economics AND 11223 Money, Employment and Growth.



Assumed Knowledge

This unit requires sound prior knowledge of economic and, specifically, macroeconomic principles and theories, which are covered in the pre-requisite units Introduction to Economics and Money, Employment and Growth.

Incompatible Units


Equivalent Units

6383 Intermediate Macroeconomics.

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