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ECF1200 - Macroeconomics

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader: Professor Russell Smyth


Caulfield First semester 2007 (Day)
Caulfield Second semester 2007 (Day)
Caulfield Second semester 2007 (Evening)


This unit uses 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 investigation will illustrate the impact of the macroeconomy on decisions by firms and other economic agents in the economy and the effect of fiscal and monetary policies on business outcomes. Key strategic variables affecting decision making in the macro business environment are interest rates, inflation and the Australian dollar.


The learning objectives of this unit are to:


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

Contact hours

3 hours per week


ECF2200 or equivalent