Money, Employment and Growth (6369.4)
| Available teaching periods | Delivery mode | Location |
|---|---|---|
| View teaching periods | ||
| EFTSL | Credit points | Faculty |
| 0.125 | 3 | Faculty Of Business, Government & Law |
| Discipline | Study level | HECS Bands |
| Canberra School Of Politics, Economics And Society | Level 2 - Undergraduate Intermediate 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 outcomes
On successful completion of this unit, participants will be able to:1. Explain the meaning and significance of basic macroeconomic terms and concepts;
2. Undertake an analysis of the Australian economy using simple macroeconomic models in both diagrammatic and quantitative terms;
3. Explain how output, employment and price are determined using the aggregate demand/aggregate supply model;
4. Describe how fiscal and monetary policies can be used to achieve macroeconomic goals in an open economy like Australia;
5. Evaluate current macroeconomic events from different economic perspectives.
Graduate attributes
1. UC graduates are professional - communicate effectively1. 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 - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
Prerequisites
Introduction to Economics.| Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
|---|
Required texts
Textbook:
Hubbard, Garnet, Lewis and O'Brien (2015) Macroeconomics, 3rd Edition,
Pearson Education Australia, New South Wales, Australia.
Supplementary Reading:
McTaggart, D. Findlay, C.Parkin, M. (2012) Macroeconomics, 7th Australian #Edition,
Addison-Wesley Publishers, Sydney.
Other References
Bernanke, B.S, Olekalns, N. Frank, R.H. (2011) Principles of Macroeconomics 3rd edition, McGraw Hill Australia, North Ryde.
Boyles, W., Melvin, M. (2011) Macroeconomics, 8th edition, Houghton Mifflin, Boston
Gittins, R, et al., (2005) The Australian Economy 2005: A Student Guide to Current
Economic Conditions,, Warringal Publications, Fitzroy.
Cowie, J. et al., (2005) Reading Between the Lines, Issue Eight, Pearson Education, Australia
Case, K. L and Fair, R. C. (2011) Principles of Economics, 10th Edition, Prentice Hall, Englewood Cliffs, New Jersey.
Gans, J., King, S., Mankiw, N.G., (2012) Principles of Economics, 5th Edition, Thomson Australia, Melbourne.
Kniest, P. Lee, J and Burgess, J (1998) Introduction to Macroeconomics,
Macmillan Australia.
Kriesler, P. (1999) The Australian Economy: The Essential Guide, Third Edition,
Allen & Unwin, Sydney.
Layton, A., Robinson, T', Tucker I.B (2012) Economics for Today, 4th edition, Thomson Learning, Melbourne
Layton, A., (1994) Modern Australian Macroeconomics: An Open Economy
Policy Orientated Approach, Thomas Nelson Australia, Melbourne.
Lewis, S., and Boyd, A., (1993), Savings: Australia in Crisis, The Financial
Review Library, Sydney.
Krugman, P. Wells, R. (2013) Macroeconomics, 3rd Edition, Worth Publishers, New York.
Lewis et al. (2006) Issues and Indicators: A Guide to the Australian Economy,
4th edition, Pearson Education Australia.
Maxwell, P. and Hopkins, S. (Ed.) (1993) Macroeconomics: Contemporary
Australian Readings, second edition Harper and Row, Sydney.
Jackson, J. McIver, R. McConnell, C. and Brue, S. (2007) Macroeconomics,
Eight Edition, McGraw Hill, Sydney.
Crompton, P et al., (2006), Macroeconomics: A Contemporary Introduction,
3rd Edition, Thomas Nelson Australia.
Reserve Bank of Australia, Bulletin (latest and previous issues)
Sloman, J and Norris, K., (2002) Macroeconomics, Second edition, Prentice
Hall Australia.
Stegman, T. and Junor, B., (1993) Introductory Macroeconomics, Harcourt
Brace Jovanovich, Sydney.
Taylor, J.B., Littleboy, B (2006) Macro Economics, Third edition, John
Wiley & Sons, Australia..
Submission of assessment items
Special assessment requirements
Nil
Supplementary assessment
There will be no Supplementary Assessment for this unit
Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.
Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.
UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).
UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.
Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.
Participation requirements
Students are expected to attend all lectures and to attend their specific tutorial. Students should bring the textbook and a calculator to the tutorial classes.
Required IT skills
It is assumed students will be able to access material which is on the textbook's website as well as Moodle Online Learning at the University of Canberra.
In-unit costs
No other additional costs apart from the cost of purchasing the required text and related teaching materials
Work placement, internships or practicums
NA
Additional information
Nil
