Managing the Economy (11226.1)
|Available teaching periods||Delivery mode||Location|
|View teaching periods|| Flexible
|| UC - Canberra, Bruce
|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 3 2013-2020 (Expires 31 Dec 2020)
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 outcomesAfter 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.
Graduate attributes1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - take pride in their professional and personal integrity
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
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
3. UC graduates are lifelong learners - be self-aware
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
Prerequisites11175 Introduction to Economics AND 11223 Money, Employment and Growth.
Assumed knowledgeThis 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.
|Year||Location||Teaching period||Teaching start date||Delivery mode||Unit convener|
|2021||UC - Canberra, Bruce||Semester 2||02 August 2021||Flexible||Dr Craig Applegate|
|2022||UC - Canberra, Bruce||Semester 2||01 August 2022||Flexible||Dr Craig Applegate|
Main textbook: Mankiw, G (2019) Macroeconomics, 10th edition, Macmillan. UC Library: HB 172.5.M36
You can buy this if you want to, but it is available in the library. Also, previous editions of this book are perfectly fine as the changes between editions are not substantive. Only the examples change.
Supplementary textbooks (Dont buy these):
Blanchard, Amighini & Giavazzi (2017) Macroeconomics: a European Perspective, 3rd edition, Pearson.
Chamberlin & Yueh (2006) Macroeconomics, Thomson.
Hubbard, Garnett, Lewis & O'Brien (2018), Macroeconomics, 4th edition, Pearson.
Krugman, Wells & Grady (2008) Economics (European edition) Worth.
Mitchell, Wray & Watts (2019) Macroeconomics, Macmillan.
Parkin & Bade (2016) Macroeconomics: Australia in the Global Environment, Pearson.
Required IT skills
Basic familiarity with Microsoft Word.
Work placement, internships or practicums