Courses & Units

Macroeconomic Theory and Policy BEA320




This unit presents students with an advanced undergraduate level treatment of macroeconomic theory and policy. It provides an analysis of macroeconomic theory and development of the modern macroeconomic modelling framework, with emphasis on the role of monetary policy, fiscal policy and open economy influences on economic outcomes. Students will learn to critically discuss and examine current economic conditions and policies using rigorous economic theoretical frameworks.


Unit name Macroeconomic Theory and Policy
Unit code BEA320
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics and Finance

Dr Oscar Pavlov

Teaching staff

Level Advanced
Available as student elective? Yes
Breadth Unit? No


Location Study period Attendance options Available to
Hobart Semester 1 On-Campus International Domestic


International students
Domestic students

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Key Dates

Study Period Start date Census date WW date End date
Semester 1 24/2/2020 23/3/2020 31/5/2020 31/5/2020

* 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 (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2019.

About Census Dates

Learning Outcomes

  • LO1: Apply theoretical macroeconomic models to discuss the behaviour of households, firms and government and apply an economic way of thinking to discuss real world problems.
  • LO2: Use appropriate economic models and graphical techniques to: support the economic analysis of closed and open economies; assess various macroeconomic issues and policies.
  • LO3: Discuss critically from different perspectives, a range of contemporary and topical macroeconomic theory and policy related issues across various economies.



Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2020: $1,394.00 2020: $2,354.00 091901

Fees for next year will be published in October. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.





Teaching Pattern

1 x 2 hour lecture, 1 hour workshop per week. Please check the unit outline for details.


Quiz (5%), Mid-semester exam (20%), Assignment (25%), Final Exam (50%).

TimetableView the lecture timetable | View the full unit timetable



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


Booktopia textbook links

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