Intermediate Macroeconomics (9539.1)
Level: | Level 2 - Undergraduate Intermediate Unit |
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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
Syllabus
This unit builds on concepts in the foundation unit. It will examine in more detail the concepts of output, unemployment, inflation, consumption, and investment. Students will examine how these concepts affect the dynamics of an economy and the economic triggers available to help manage their effect.
Learning Outcomes
Upon successful completion of this unit, students will be able to:
1. Explain the standard theory in macroeconomics at an intermediate level;
2. Use the basic tools of macroeconomic theory, and apply them to help address problems in public policy;
3. Analyse the role of government in allocating scarce resources;
4. Explain how inflation affects entire economic systems;
5. Synthesise the impact of employment and unemployment in a free market economy;
6. Build macroeconomic models to describe changes over time in monetary and fiscal policy;
7. Compare and contrast arguments concerning business, consumers and government, and make good conjectures regarding the possible solutions;
8. Analyse the methods of computing and explaining how much is produced in an economy; and
9. Apply basic tools that are used in many fields of economics, including uncertainty, capital and investment, and economic growth
Contact Hours
150 learning hours in online self-paced mode.
Prerequisites
9519 Foundations of Macroeconomics OR 10083 Money, Employment and Growth.
Corequisites
None.
Assumed Knowledge
NONE
Incompatible Units
6383 Intermediate Macroeconomics
Equivalent Units
6383 Intermediate Macroeconomics
Referenced Courses
- 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
- 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)
- 815AA Bachelor of Information Technology/Bachelor of Commerce
- 145JA Bachelor of Politics and International Relations/Bachelor of Applied Economics
- 147JA Bachelor of Politics and International Relations/Bachelor of Commerce