Unit of study_

ECOS3007: International Macroeconomics

2026 unit information

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.

Unit details and rules

Managing faculty or University school:

Arts and Social Sciences

Study level Undergraduate
Academic unit Economics
Credit points 6
Prerequisites:
? 
ECOS2002 or ECOS2902 or ECOS2040
Corequisites:
? 
None
Prohibitions:
? 
None
Assumed knowledge:
? 
None

At the completion of this unit, you should be able to:

  • LO1. demonstrate openness to new ways of thinking and appreciate the importance of intellectual curiosity and reflection as the foundation for continuous learning
  • LO2. demonstrate a capacity to work independently
  • LO3. critically evaluate underlying theories, concepts, assumptions, limitations and arguments in economics
  • LO4. develop coherent arguments when recommending solutions and critically evaluating theories in economics
  • LO5. understand the theoretical models that form the body of contemporary international macroeconomics
  • LO6. understand and apply international macroeconomic models to various economic problems and issues
  • LO7. understand the associated empirical implications and policy issues

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 ? 
Semester 2 2025
Normal day Camperdown/Darlington, Sydney
Session MoA ?  Location Outline ? 
Semester 1 2026
Normal day Camperdown/Darlington, Sydney
Outline unavailable
Session MoA ?  Location Outline ? 
Semester 1 2020
Normal day Camperdown/Darlington, Sydney
Semester 1 2021
Normal day Camperdown/Darlington, Sydney
Semester 1 2021
Normal day Remote
Semester 2 2022
Normal day Camperdown/Darlington, Sydney
Semester 2 2022
Normal day Remote
Semester 1 2023
Normal day Camperdown/Darlington, Sydney
Semester 1 2023
Normal day Remote
Semester 2 2024
Normal day Camperdown/Darlington, Sydney

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Modes of attendance (MoA)

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