Contemporary Issues in Economics (10085.1)
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|0.125||3||Faculty Of Business, Government & Law|
|Discipline||Study level||HECS Bands|
|Canberra School Of Politics, Economics And Society||Level 3 - Undergraduate Advanced Unit|| Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
Learning outcomesOn successful completion of this unit, students will be able to use intermediate economic theory to:
1. Apply these theories to the analysis of contemporary economic problems in Australia; and
2. Argue the case for taking differing approaches to a range of important microeconomic and macroeconomic policy challenges.
Graduate attributes1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
2. UC graduates are global citizens - think globally about issues in their profession
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
The unit's focus is on the application of economic theory to contemporary policy issues. It therefore develops students' abilities to think analytically and practically about economic issues. It also develops their ability to communicate their ideas clearly in both oral and written form. Students will be required to present their own thoughts to the class and comment on those of others. They will also be required to present their ideas in written form.
PrerequisitesIntroduction to Economics, 6355 OR Foundations of Microeconomics, 9518, AND Money, Employment and Growth, 10083 OR Foundations of Macroeconomics, 9519
- Contemporary Issues in Macroeconomics
- & Contemporary Issues in Microeconomics
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There is no set textbook for the course. Some readings (or links to them) will be posted on the Moodle website. In addition it is desirable that students keep themselves informed of current economic issues. Sources could include, but are not limited to, news reports on ABC TV, SBS TV or their websites; The Conversation website; the Australian Financial Review; the websites of key government agencies such as the Reserve Bank of Australia, Treasury and Productivity Commission; and websites of think tanks such as the Grattan Institute, Lowy Institute and Australia Institute. This will be discussed further in the first class.
There is no participation mark for lectures or tutorials but students are strongly encouraged to attend as many as they can. Students will need to attend one tutorial class to present on a topic and one to comment on a presentation to achieve marks for these assessment items. There will be a test during one of the tutorials.
Required IT skills
Work placement, internships or practicums