units
ECB2331
Faculty of Business and Economics
This unit entry is for students who completed this unit in 2016 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.
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.
Faculty
Organisational Unit
Coordinator(s)
Offered
Not offered in 2016
Synopsis
This unit examines the scope for policy to improve macroeconomic performance. It will cover: the cyclical behaviour of the economy; the role of monetary, fiscal and exchange rate policies in influencing economic activities; the implementation and operation of monetary policy; the relationship of exchange rates to monetary policy; major factors determining movements in interest rates and exchange rates in both the intermediate and long terms.
Outcomes
The learning goals associated with this unit are to:
- understand the importance of distinguishing between the short-run and long run impacts of macroeconomic policy
- understand the importance of and the differences between monetary, fiscal, and exchange rate policies
- be able to critically assess macroeconomic policy
- understand the implementation and operation of monetary policy
- be familiar with economic factors which are of major interest to bankers and others operating in the finance industry.
Assessment
Within semester assessment: 40%
Examination: 60%
Workload requirements
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information
Chief examiner(s)
Prerequisites
Prohibitions
On our site
Authorised by: Manager, Curriculum and Publications.
Maintained by: Curriculumn and Publications.
Last updated: 18 September 2017.
Copyright © 2024 Monash University. ABN 12 377 614 012 -
Accessibility -
Caution -
Privacy
Monash University CRICOS Provider Number: 00008C, Monash College CRICOS Provider
Number: 01857J
We acknowledge and pay respects to the Elders and Traditional Owners of the land on which our Australian campuses stand. Information for Indigenous Australians