Postgraduate Coursework Units of Study

ECON6002 - Macroeconomics Analysis 1

Semester 1, 2012  |  Credit Points: 6

Coordinator: Denny Lie

Description

This unit is aimed at providing students with a sound and comprehensive knowledge of modern macroeconomic theory, an ability to formulate and solve problems analytically, and a general appreciation of how policymakers can use the analysis in practice. Topics covered include (i) micro-foundations of macroeconomics, focusing on consumption, investment, money demand, and credit rationing; (ii) equilibrium macroeconomics, focusing on the conventional prototype as well as on recent stochastic macroeconomic models; and (iii) dis-equilibrium macroeconomics, concepts, issues, and models.

Assessments

problem set (10%), mid-semester test (30%) and 2hr final exam (60%)

Classes

1x3-hr seminar/week

Prerequisites

ECON5002

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