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Unit of study_
ECON6702: Macroeconomics Analysis 1 A
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.
| Code | ECON6702 |
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| 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 |
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 outlines
Unit outlines will be available 2 weeks before the first day of teaching for the relevant session.
- Semester 1, 2023 [Normal day] - Remote
- Semester 1, 2023 [Normal day] - Camperdown/Darlington, Sydney
- Semester 2, 2023 [Normal day] - Camperdown/Darlington, Sydney
- Semester 2, 2020 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2021 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2021 [Normal day] - Remote
- Semester 2, 2021 [Normal day] - Remote
- Semester 2, 2021 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2022 [Normal day] - Remote
- Semester 1, 2022 [Normal day] - Camperdown/Darlington, Sydney
- Semester 2, 2022 [Normal day] - Remote
- Semester 2, 2022 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2020 [Normal day] - Camperdown/Darlington, Sydney
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