Introduction
This unit aims to develop your understanding of macroeconomic analysis, including the circular-flow model, aggregate demand aggregate supply model and government macroeconomic goals. You will learn how economists measure macroeconomic activity including national income, output, employment, inflation, balance of payments, terms of trade and the exchange rate. You will also learn how to analyse the business cycle, the external and internal influences on the level of macroeconomic activity, and the use of fiscal and monetary policies to stabilise the business cycle.
Summary
| Unit name | Macroeconomics |
| Unit code | XPD011 |
| Credit points | 12.5 |
| College/School | Academic Division Learning Teaching Performance |
| Discipline | University Pathways |
| Coordinator | David Phin |
| Available as an elective? | No |
| Delivered By | Third Party(ies): UP Education |
| Level | Foundation or Enabling |
Learning Outcomes
- Explain and apply the framework for macroeconomic analysis.
- Discuss and evaluate a government’s macroeconomic goals and the use of fiscal and monetary policies.
- Analyse the business cycle, including macroeconomic indicators and influencing factors.
- Collect and report on macroeconomic data and related information with academic integrity.
- Use vocabulary and graphics to communicate about macroeconomics.
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 |
|---|---|---|---|---|
| not applicable |
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 UniConnect 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 | 5 hours/week on-campus classes and 2 hours/week moderated online independent learning activities, over 13 teaching weeks. |
|---|---|
| Assessment | Class Test 1 (10%)|Portfolio (10%)|Class Test 2 (15%)|Group Presentation (25%)|Examination (40%) |
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Required readings will be listed in the unit outline prior to the start of classes. |
|---|
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.