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This unit explores macroeconomic theory and policy in an open economy context, emphasising the interconnectedness of global markets. It examines the microfoundations of key economic sectors and their implications for international macroeconomic dynamics. Topics covered include, but are not limited to, foreign exchange markets, interest rate parity, exchange rate determination and intervention, the goods and money markets, and the international monetary system. The unit also analyses the role of policymakers and the effects of monetary, fiscal, and other macroeconomic policies on both small and large open economies under different exchange rate regimes.
| Study level | Undergraduate |
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| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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ECOS2002 or ECOS2902 or ECOS2040 |
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Corequisites:
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None |
| Prohibitions:
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None |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
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 2 2025
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Normal day | Camperdown/Darlington, Sydney |
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| 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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| Session | MoA ? | Location | Outline ? |
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Semester 1 2020
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Normal day | Camperdown/Darlington, Sydney |
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Semester 1 2021
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Normal day | Camperdown/Darlington, Sydney |
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Semester 1 2021
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Normal day | Remote |
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Semester 2 2022
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Normal day | Camperdown/Darlington, Sydney |
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Semester 2 2022
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Normal day | Remote |
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Semester 1 2023
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Normal day | Camperdown/Darlington, Sydney |
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Semester 1 2023
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Normal day | Remote |
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Semester 2 2024
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Normal day | Camperdown/Darlington, Sydney |
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Find your current year census dates
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.