6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Issues include economic growth and inflation in a global context; international comparisons of policy and performance; objectives of monetary policy and central bank independence; forecasting and practical problems in policy making; financial markets and economic indicators.
The learning goals associated with this unit are to:
- be familiar with the way in which economists apply economic theory and institutional knowledge of relevant parts of the economy to analyse government macroeconomic policy options, and to make recommendations on policy actions
- understand and critically evaluate current policy debate on issues of macroeconomic policy
- evaluate the contributions and limitations of economic analysis for helping to understand and to evaluate macroeconomic policy options.
Within semester assessment: 40% + Examination: 60%
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