(BUS)
Dr Ram Pillarisetti
6 points + Gippsland, distance + 12 hours per week + First and second semester
Synopsis: principles of macroeconomic analysis of product, capital, money and labour markets. It also deals with the concepts of national accounts, governmental expenditure, economic growth, inflation, unemployment, interest rates, currency exchange rates and balance of payments. Contemporary macroeconomic policy issues from both a small open economy and a regional perspective are especially emphasised.
Assessment: Essay work (4000 words): 40% + Examination: 60%