ECF1200

Macroeconomics

(BUS)

Mr George Rivers

6 points + 3 hours per week + First and second semester (Caulfield) + Second semester (OCDL) + Prohibition: ECF2200 or equivalent

Synopsis: This subject will look at aggregate demand and supply analysis as a tool for identifying and explaining the business cycle, output growth employment, inflation and the current account deficit. The emphasis will be to illustrate the impact of the macroeconomy on decisions by firms and other agents in the economy and the effect of fiscal and monetary policies on business outcomes. Key strategic variables, which pertain to decision making in the macro business environment, will be interest rates, inflation and the Australian dollar.

Assessment: on-campus Class test: 20% + Assignment: 10% + Examination (2 hours): 70% + Distance Assignment: 20% + Examination (2 hours): 80%