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.

ECF5421 - Applied macroeconomics

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Economics

Coordinator(s)

Dr Solmaz Moslehi

Offered

Caulfield

First semester 2016 (Evening)

Synopsis

The focus is on practical questions about how to achieve national economic growth and control inflation in the context of a global economy, with special attention to policy formulation and implementation and the dilemmas facing decision-makers in the government and private sectors. Macroeconomic forecasting and the methods for analysing the short-term and long-term trends are also considered. Australia's experience during the last two decades, in particular the impact of the Asian Currency Crisis, are examined closely.

Outcomes

The learning goals associated with this unit are to:

identify current major macroeconomic issues
understand and examine government macroeconomic policy options
evaluate the impact of government policy on business decision marking
evaluate the effects of events like the Asian financial crisis on the domestic economy.

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.

Chief examiner(s)

Dr Solmaz Moslehi

Prohibitions

ECF4200, ECX5420