Contemporary Issues in Macroeconomics (6400.4)

Please note these are the 2015 details for this unit
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Contemporary Issues in Macroeconomics
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 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)
This unit focuses on the role of government in the macro economy. It begins with an examination of the different schools of thought about the role of government and macroeconomic policy in modern economics. It then analyses the economic role of government in Australia in the light of these theories, incorporating into the analysis the policy constraints imposed by this country's political institutions and culture. Particular attention is paid to the pressures on policy arising from the international economy and international institutions. The unit examines current policy issues such as unemployment, wages policy, income distribution, foreign debt and foreign ownership.

Learning outcomes

Building on Intermediate Macroeconomic theory, students will be able to:
1. Apply these theories to the analysis of contemporary Macroeconomic problems in Australia;

2. Argue the cases for taking differing approaches to fiscal and monetary policy; and
3. Evaluate how Macroeconomic policy should be adjusted to take into account both asset prices and various theories of the natural rate of unemployment.


Prerequisites

Intermediate Macroeconomics.
Year Location Teaching period Teaching start date Delivery mode Unit convener
Not available

Required texts

None

Submission of assessment items

Special assessment requirements

Students must attain 40% (ie.16/40) in the final examiantion and 50% overall in the unit to pass the unit. Any requests for extensions for the submission of assessments must be accompanied by a valid doctor's certificate or other acceptable supporting documentation. 

Academic integrity

Students have a responsibility to uphold University standards on ethical scholarship. Good scholarship involves building on the work of others and use of others' work must be acknowledged with proper attribution made. Cheating, plagiarism, and falsification of data are dishonest practices that contravene academic values. Refer to the University's Student Charter for more information.

To enhance understanding of academic integrity, all students are expected to complete the Academic Integrity Module (AIM) at least once during their course of study. You can access this module within UCLearn (Canvas) through the 'Academic Integrity and Avoiding Plagiarism' link in the Study Help site.

Use of Text-Matching Software

The University of Canberra uses text-matching software to help students and staff reduce plagiarism and improve understanding of academic integrity. The software matches submitted text in student assignments against material from various sources: the internet, published books and journals, and previously submitted student texts.

Participation requirements

You need to attend the tutorial you are allocated to in order to particpate in the deabte assigned to you. 

Required IT skills

Basic word processing and internet search skills 

Work placement, internships or practicums

none