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
|Available as student elective?||Yes|
Please check that your computer meets the minimum System Requirements if you are attending via Distance/Off-Campus.
Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Special approval is required for enrolment into TNE Program units.
* 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).
- 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.
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).
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.