Monash University Handbooks 2008

ETC4430 - Quantitative economic policy

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate, Postgraduate Faculty of Business and Economics

Leader: Associate Professor John Madden

Offered

Clayton Second semester 2008 (Day)

Synopsis

This course surveys contemporary macroeconometric and applied general equilibrium models as they are used for policy analysis. The focus of these models extends from fiscal, monetary and tax policy, through trade, tariffs and industry policy, to the environment and greenhouse gases. In their major written assignment, all students are expected to come to grips with some of the practical issues involved in policy modelling.

Objectives

The learning objectives of this unit are to:

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Contact hours

Two 1.5-hour lectures per week

Prerequisites

ECC2010 and one of ETC3400 or ETC3410

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