ECF5421 - Applied macroeconomics - 2018

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.


Business and Economics

Organisational Unit

Department of Economics

Chief examiner(s)

Dr Siew Ling Yew


Dr Siew Ling Yew

Unit guides



  • Second semester 2018 (Evening)


ECC5901 and ECF5922Not offered in 2018.


The focus is on practical questions about how to achieve 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. Methods for analysing the short-term, medium-run and long-term trends are also considered. Australia's experience during the last two decades, in particular the impact of the global financial crisis, are examined closely.


The learning goals associated with this unit are to:

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


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