Courses & Units

Macroeconomics BEA471

Introduction

The BEA471 Macroeconomic unit aims: to introduce students to some of the important recent developments in macroeconomics; to demonstrate how macroeconomists use macroeconomic theory, stylized facts and modelling framework to obtain quantitative answers to some very intriguing questions; and to provide students with some standard tools and models required to deal with the modern macroeconomic literature. The unit focuses on development of practical model solving skills, where students will learn how to use a variety of macroeconomic models as a measurement device to assess real world problems. After successful completion of this unit, students will be able to (i) understand the recent trends in macroeconomics, (ii) access the recent academic literature in macroeconomics and (iii) discuss the implications of macroeconomic policy.

Summary

Unit name	Macroeconomics
Unit code	BEA471
Credit points	12.5
College/School	College of Business & Economics Tasmanian School of Business and Economics
Discipline	Economics
Coordinator	Associate Professor Mala Raghavan
Delivered By	University of Tasmania
Level	Honours

Availability

Location	Study period	Attendance options		Available to
Hobart	Semester 2	On-Campus		International	Domestic

Key

: On-campus
: Off-Campus
: International students
: Domestic students

Note

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Key Dates

Study Period	Start date	Census date	WW date	End date
Semester 2	22/7/2024	16/8/2024	9/9/2024	27/10/2024

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

Apply macroeconomic theory to understand and analyse the real world macroeconomic issues.
Solve and analyse the quantitative performance of several business cycle models.
Communicate the modelling approach, solution technique and research findings.

Fee Information

Field of Education	Commencing Student Contribution ^1,3	Grandfathered Student Contribution ^1,3	Approved Pathway Course Student Contribution ^2,3	Domestic Full Fee ⁴
091901	$2,040.00	$1,597.00	not applicable	$2,596.00

¹ Please refer to more information on student contribution amounts.
² Please refer to more information on eligibility and Approved Pathway courses.
³ Please refer to more information on eligibility for HECS-HELP.
⁴ Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Teaching

Teaching Pattern	1 x pre-recorded lecture (Wks 1-12); 1 x 2-hour workshop (Fortnightly).
Assessment	Assignment 2: Mid-semester Test (30%)\|Assignment 1 (35%)\|Assignment 2 (35%)
Timetable	View the lecture timetable \| View the full unit timetable

Textbooks

Required	Carlin and Soskice, 2015, Macroeconomics: Institutions, Instability, and the Financial System, Oxford University Press (ISBN: 978-0-19-965579-3)
Recommended	Students may find the following textbooks useful for some parts of the course: Stephen Williamson. Macroeconomics, Addison Wesley (any edition). Jordi Gali (2015). Monetary Policy, Inflation and the Business Cycle: An Introduction to the New Keyneisan Framework, Princeton University Press.
Links	Booktopia textbook finder

Required

Carlin and Soskice, 2015, Macroeconomics: Institutions, Instability, and the Financial System, Oxford University Press (ISBN: 978-0-19-965579-3)

Recommended

Students may find the following textbooks useful for some parts of the course:

Stephen Williamson. Macroeconomics, Addison Wesley (any edition).
Jordi Gali (2015). Monetary Policy, Inflation and the Business Cycle: An Introduction to the New Keyneisan Framework, Princeton University Press.

Links

Booktopia textbook finder

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