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Unit of study_
ECON6702: Macroeconomic Analysis 1 A
2024 unit information
This unit is aimed at providing students with a sound and comprehensive knowledge of modern macroeconomic theory, an ability to formulate and solve problems analytically, and a general appreciation of how policymakers can use the analysis in practice. Topics covered include (i) micro-foundations of macroeconomics, focusing on consumption, investment, money demand, and credit rationing; (ii) equilibrium macroeconomics, focusing on the conventional prototype as well as on recent stochastic macroeconomic models; and (iii) dis-equilibrium macroeconomics, concepts, issues, and models.
Unit details and rules
Managing faculty or University school:
Economics
| Code | ECON6702 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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None |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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ECON6002 |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. Demonstrate knowledge of and ability to use the main models in macroeconomics for understanding long-run growth, business cycles, consumption, investment, and unemployment
- LO2. Analyse dynamic macroeconomic models for their strengths and weaknesses, as well as how they relate to each other
- LO3. Apply models to examine ongoing changes in the world economy and to evaluate and think critically about policy initiatives designed to address macroeconomic challenges in society
- LO4. Analyse monetary and fiscal policy decisions based on models and empirical evidence
- LO5. Demonstrate ability to read and reflect upon academic papers to keep abreast of recent developments in macroeconomic literature
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 1 2024
|
Normal day | Camperdown/Darlington, Sydney | |
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Semester 2 2024
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Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
