ECF1200

Macroeconomics (6 points)

(BUS)

Leader: Dr George Rivers

Offered:
Caulfield First semester 2003 (Day)
Caulfield First semester 2003 (Evening)
Caulfield Second semester 2003 (Day)
Caulfield Second semester 2003 (ESP-EC)
Caulfield Second semester 2003 (Evening)
Caulfield Second semester 2003 (OCL)
Malaysia Second semester 2003 (OCL)
Singapore Second semester 2003 (OCL)
Caulfield First semester 2004 (Day)
Caulfield First semester 2004 (Evening)
Caulfield Second semester 2004 (Day)
Caulfield Second semester 2004 (ESP-EC)
Caulfield Second semester 2004 (Evening)
Caulfield Second semester 2004 (OCL)
Malaysia Second semester 2004 (OCL)
Singapore Second semester 2004 (OCL)

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%

Contact Hours: 3 hours per week

Prohibitions: ECF2200 or equivalent