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Intermediate Macroeconomics unit (BEA320)

Location: Hobart, Online

Introduction

This unit uses a contemporary macroeconomic modelling framework to analyse the role of fiscal and monetary policies on economic outcomes. The study of fiscal policy includes the role of stimulus during recessions, and the impact and consequences of government expenditures and tax policies on its budget, debt and on private sector behaviour. The study of monetary policy includes business cycle stabilization and inflation targeting by central banks with conventional and unconventional policies when the zero lower bound constrains interest rates. Students who successfully complete this unit will be able to critically discuss and examine current economic conditions and policies using economic models as a tool for organising their arguments.

Summary

Unit name Intermediate Macroeconomics
Unit code BEA320
Credit points 12.5
College/School Tasmanian School of Business and Economics
Discipline Economics
Coordinator Doctor Oscar Pavlov
Available as an elective? Yes
Delivered By University of Tasmania
Level Advanced

Sustainable Development Goals

The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.

Availability

Specific information on 2027 unit availability will be available in August

Key Dates

Study Period Start date Census date WW date End date
Semester 1 21/2/2027 15/3/2027 18/4/2027 12/6/2027

* 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 2027 are indicative and subject to change. Finalised census dates for 2027 will be available from the 1st October 2026. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

  • Apply economic models to the analysis of economies and critically evaluate fiscal and monetary policies.
  • Communicate policy analysis as well as evidence-based policy recommendations.
  • Access, analyse and interpret economic data.

Fee Information

2027 fee information will be available in August.

Requisites

Prerequisites

BEA121 OR Completion of the Bachelor of Business

Teaching

AssessmentGroup Assignment (30%)|Mid-semester test (30%)|Take-home exam (40%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

You will need the following text [available from Booktopia or Amazon]:

Charles I. Jones (2025). Macroeconomics, Sixth Edition (6E International Student Edition), W.W. Norton & Company, New York.

Additional readings will be posted on MyLO.

 

Software:

Microsoft Excel will be used to analyse economic data.

Recommended

Supplementary readings and resources will be made available on MyLO.

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