Undergraduate - UnitECC3650 - Applied general equilibrium economics

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Undergraduate
Faculty	Faculty of Business and Economics
Offered	Clayton First semester 2012 (Day)
Coordinator(s)	Dr Janine Dixon

Synopsis

The theory and applications of applied general equilibrium modelling. Introduction to associated issues in data compilation and computing. The study uses elementary calculus and matrix algebra.

Outcomes

The learning goals associated with this unit are to:

gain an introductory understanding of all aspects of applied general equilibrium (AGE) economics - theory, data, computing and application
understand how AGE models represent linkages in the economy between industries, households, the government and foreigners
explain, using an AGE model, the structural and aggregate effects on the economy of shocks such as change in protection, real wage rates, tax rates, environmental policies, and capital inflow.

Assessment

Within semester assessment: 20%
Examination (3 hours): 80%

Chief examiner(s)

Dr Janine Dixon

Contact hours

3 hours per week

Prerequisites

ECC2000 and ECC2010 or equivalent; or permission

Prohibitions

ECC4365