This unit offers an introduction to modern macroeconomic thought, methods and policy. It emphasises microeconomic foundations to better integrate the study of macroeconomics with microeconomics. In doing so, it follows the approach consistent with current macroeconomic research and will prepare students for advanced studies in economics. Students will gain deeper insights into economic growth processes and business cycles and will learn to critically examine current economic conditions and policies using rigorous economic theoretical frameworks.
|Unit name||Monetary and Fiscal Policy|
|College/School||College of Business & Economics
Tasmanian School of Business and Economics
|Coordinator||Doctor Oscar Pavlov|
|Available as an elective?||No|
|Delivered By||University of Tasmania|
|Location||Study period||Attendance options||Available to|
|Hobart||Semester 1||On-Campus||Off-Campus||International International||Domestic Domestic|
- International students
- Domestic students
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|Study Period||Start date||Census date||WW date||End date|
* 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 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
- Apply appropriate economic models to the analysis of modern economies.
- Apply the appropriate economic models to critically evaluate, from different perspectives, contemporary fiscal and monetary policies.
- Effectively communicate policy analysis as well as evidence-based policy recommendations.
|Field of Education||Commencing Student Contribution 1,3||Grandfathered Student Contribution 1,3||Approved Pathway Course Student Contribution 2,3||Domestic Full Fee 4|
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.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
|Assessment||Test or quiz (10%)|Examination - invigilated (internally) (25%)|Assignment (25%)|Assignment (40%)|
|Timetable||View the lecture timetable | View the full unit timetable|
You will need the following text [available from the Co-op Bookshop]:
Stephen D. Williamson (2018). Macroeconomics, 6th Global Edition. Pearson Education Limited.
The following additional readings will be posted on MyLO:
Chapter 6: Growth and Ideas. Charles I. Jones (2016). Macroeconomics, 4e International Student Edition, W.W. Norton & Company, New York.
Mankiw, N.G., Romer, D., Weil, D.N., (1992). A Contribution to the Empirics of Economic Growth. The Quarterly Journal of Economics 107, 407-437.
Supplementary readings and resources will be made available on MyLO.
|Links||Booktopia textbook finder|
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