ECC2010 - Intermediate macroeconomics

Leader: Dr Daniel Mulino and Dr Michael White

Offered

Clayton First semester 2007 (Day)
Clayton Second semester 2007 (Day)

Synopsis

Keynesian macroeconomics; the open-economy, IS-LM framework and the aggregate demand-aggregate supply framework as a basis for more advanced macroeconomic analysis; principles of monetary and fiscal policy and problems of implementation; alternative theories of aggregate supply; new classical macroeconomics and the implications of imperfect information; new Keynesian macroeconomics and the implications of labour market rigidities; explaining and correcting inflation and unemployment.

Assessment

Class test: 20%
Final examination (2 hours): 80%

Contact hours

Two 1-hour lectures and one 1-hour tutorial per week

Prerequisites

ECC1100 or ECC2100