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||Monetary and Fiscal Policy|
|Faculty/School||College of Business & Economics
Tasmanian School of Business and Economics
|Discipline||Economics and Finance|
|Available as student elective?||Yes|
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- 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.
BEA200 AND BEA220 AND BEA142
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%).
|Timetable||View 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).
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