Introduction
The BEA471 Macroeconomic unit aims: to introduce students to some of the important recent developments in macroeconomics; to demonstrate how macroeconomists use macroeconomic theory, stylized facts and modelling framework to obtain quantitative answers to some very intriguing questions; and to provide students with some standard tools and models required to deal with the modern macroeconomic literature. The unit focuses on development of practical model solving skills, where students will learn how to use a variety of macroeconomic models as a measurement device to assess real world problems. After successful completion of this unit, students will be able to (i) understand the recent trends in macroeconomics, (ii) access the recent academic literature in macroeconomics and (iii) discuss the implications of macroeconomic policy.
Summary
| Unit name | Macroeconomics |
| Unit code | BEA471 |
| Credit points | 12.5 |
| College/School | Tasmanian School of Business and Economics |
| Discipline | Economics |
| Coordinator | Doctor Oscar Pavlov |
| Delivered By | University of Tasmania |
| Level | Honours |
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
Learning Outcomes
- Apply macroeconomic theory to understand and analyse the real world macroeconomic issues.
- Solve and analyse the quantitative performance of several business cycle models.
- Communicate the modelling approach, solution technique and research findings.
Fee Information
2027 fee information will be available in August.
Teaching
| Teaching Pattern | 1 x pre-recorded lecture (Wks 1-12); 1 x 2-hour workshop (Fortnightly). |
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| Assessment | Assignment 2: Mid-semester Test (30%)|Assignment 1 (35%)|Assignment 2 (35%) |
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Carlin and Soskice, 2015, Macroeconomics: Institutions, Instability, and the Financial System, Oxford University Press (ISBN: 978-0-19-965579-3) |
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| Recommended | Students may find the following textbooks useful for some parts of the course:
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The University reserves the right to amend or remove courses and unit availabilities, as appropriate.