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Unit of study_
ECON4902: Topics in Advanced Macroeconomics
2026 unit information
This unit examines frontier topics in macroeconomics. The first half develops key tools, including perfect foresight and rational expectations, applied to the canonical real business cycle (RBC) model and models with health dynamics to study pandemics. The second half explores nominal frictions in New Keynesian models and their monetary policy implications. The unit also introduces the fiscal theory of the price level. Students critically assess the strengths and weaknesses of these frameworks and gain tools for further theoretical or empirical macroeconomic research.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
|---|---|
| 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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ECON6903 |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. apply macroeconomic theory to the analysis of current events, data and policy
- LO2. identify, access and use materials provided online, and analyse data provided by lecturer
- LO3. communicate concepts, both orally and in writing, to a professional standard
- LO4. demonstrate a capacity and desire to learn, the ability to plan and achieve goals and to use materials provided by lecturer to prepare and revise.
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 2026
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Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
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