ECF5421 - Applied macroeconomics - 2019

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 2019 (Evening)


ECF5923 or ECC5901 or equivalent.


The purpose of this unit is to provide a formal exposition of modern macroeconomics. This unit presents and analyses important macroeconomic issues through formal models which allow deeper insights into key topics in macroeconomics. The topics to be covered may include economic growth, business cycles, consumption, investment, unemployment, fiscal policy and government budget deficits. The unit will also have an emphasis on applications.


The learning goals associated with this unit are to:

  1. analyse macroeconomic issues using formal language
  2. understand different theories that can be used to analyse real world macroeconomic problems and government policies
  3. develop critical thinking skills
  4. prepare for advanced study in macroeconomics.


Within semester assessment: 50% + Examination: 50%

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