Courses & Units

Monetary and Fiscal Policy BEA320


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
Unit code BEA320
Credit points 12.5
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics
Coordinator Doctor Oscar Pavlov
Available as an elective? No
Delivered By University of Tasmania
Level Advanced


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


International students
Domestic students

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.

Key Dates

Study Period Start date Census date WW date End date
Semester 1 21/2/2022 22/3/2022 11/4/2022 29/5/2022

* 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).

About Census Dates

Learning Outcomes

  • 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.

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
091901 $1,828.00 $1,432.00 not applicable $2,354.00

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 UConnect 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.





AssessmentTest or quiz (10%)|Examination - invigilated (internally) (25%)|Assignment (25%)|Assignment (40%)
TimetableView 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.

LinksBooktopia textbook finder

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.