Foundations of Macroeconomics (9519.1)
Level: | Level 1 - Undergraduate Introductory 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 |
CLOSED FOR FUTURE ENROLMENT.
Availability
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.
- Flexible and Self Paced Period 11, 2016, SELF-PACED, BRUCE (149964) - View
- Flexible and Self Paced Period 10, 2016, SELF-PACED, BRUCE (150150) - View
- Flexible and Self Paced Period 9, 2016, SELF-PACED, BRUCE (150302) - View
- Semester 2, 2016, ONLINE, BRUCE (152157) - View
- Flexible and Self Paced Period 7, 2016, SELF-PACED, BRUCE (150541) - View
- Winter Term, 2016, ONLINE, BRUCE (152649) - View
- Flexible and Self Paced Period 6, 2016, SELF-PACED, BRUCE (152787) - View
- Flexible and Self Paced Period 5, 2016, SELF-PACED, BRUCE (152924) - View
- Flexible and Self Paced Period 4, 2016, SELF-PACED, BRUCE (153025) - View
- Semester 1, 2016, ONLINE, BRUCE (154956) - View
- Flexible and Self Paced Period 2, 2016, SELF-PACED, BRUCE (153345) - View
- Flexible and Self Paced Period 1, 2016, SELF-PACED, BRUCE (153465) - View
- Flexible and Self Paced Period 12, 2015, SELF-PACED, BRUCE (138206) - View
- Summer Semester 2015/16, ONLINE, BRUCE (149913) - View
- Flexible and Self Paced Period 8, 2015, SELF-PACED, BRUCE (138213) - View
- Semester 2, 2015, ONLINE, BRUCE (146600) - View
- Flexible and Self Paced Period 6, 2015, SELF-PACED, BRUCE (138211) - 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
The purpose of this unit is to provide students with a fundamental understanding of the principles of macroeconomics. Macroeconomics is the study how a country?s economy works and the theories and models used to determine the best choices to improve the overall wellbeing of a nation.
Learning Outcomes
On successful completion of this unit, students will be able to:
1. Discuss key macroeconomic concerns, including national income accounting, saving and investment, and market forces;
2. Describe the determinants of total output and the ways to measure nominal Gross Domestic Product (GDP) as well as real GDP;
3. Compare and contrast definitions of total employment and unemployment, the three forms of unemployment, and inflation;
4. Explain the model of aggregate demand and aggregate supply;
5. Analyse the government's role in the economy examining how it uses its fiscal policy and monetary policy to influence macroeconomic variables enabling macro and micro economic stability;
6. Describe the mechanics of money supply in detail;
7. Identify and analyse major theories of economic growth;
8. Analyse various strategies for developing of less-developed nations; and
9. Present the concepts behind international trade.
Assessment Items
Contact Hours
150 learning hours in online self-paced mode.
Prerequisites
9518 Foundations of Microeconomics OR 6355 Introduction to Economics
Corequisites
None
Assumed Knowledge
None
Incompatible Units
None
Equivalent Units
No
Referenced Courses
- 182JA Bachelor of Accounting
- 943AA Bachelor of Applied Economics
- 945AA Bachelor of Applied Economics/Bachelor of Commerce
- 944AA Bachelor of Applied Economics/Bachelor of Laws
- 946AA Bachelor of Applied Economics/Bachelor of Management
- 818AA Bachelor of Arts in International Studies/Bachelor of Commerce
- 798AA Bachelor of Arts/Bachelor of Commerce
- 230JA Bachelor of Australian Politics & Public Policy/Bachelor of Communication in Media & Public Affairs
- 183JA Bachelor of Australian Politics and Public Policy
- 238JA Bachelor of Australian Politics and Public Policy/Bachelor of Laws
- 761AA Bachelor of Business Administration
- 285JB Bachelor of Business Studies
- 314JA Bachelor of Business Studies (Event and Tourism Management)(Online)
- 285JA Bachelor of Business Studies (online)
- 762AA Bachelor of Commerce
- 231JA Bachelor of Commerce/Bachelor of Communication in Advertising
- 234JA Bachelor of Commerce/Bachelor of Communication in Media and Public Affairs
- 233JA Bachelor of Commerce/Bachelor of Communication in Public Relations
- 810AA Bachelor of Commerce/Bachelor of Laws
- 286JA Bachelor of Economic Studies (online)
- 208JA Bachelor of Entrepreneurship and Innovation
- 279JB Bachelor of Event and Tourism Management
- 279JA Bachelor of Event and Tourism Management
- 184JA Bachelor of Finance
- 185JA Bachelor of Human Resource Management
- 815AA Bachelor of Information Technology/Bachelor of Commerce
- 186JA Bachelor of International Business
- 248JA Bachelor of Justice Studies
- 394AA Bachelor of Management
- 187JA Bachelor of Marketing Management
- 124JA Bachelor of Politics and International Relations
- 145JA Bachelor of Politics and International Relations/Bachelor of Applied Economics
- 147JA Bachelor of Politics and International Relations/Bachelor of Commerce
- 210JA Bachelor of Public Administration
- 188JA Bachelor of Social Science