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. 

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

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