Units of Study

ECOS2002 - Intermediate Macroeconomics

Semester 1, 2012  |  Credit Points: 6

Coordinator: Matthew Luke Smith

Description

This unit of study develops models of the goods, money and labour markets, examines issues in macroeconomic policy. Macroeconomic relationships, covering consumption, investment, money and employment, are explored in detail. Macro-dynamic relationships, especially those linking inflation and unemployment, are also considered. Exchange rates and open economy macroeconomics are also addressed. In the last part of the unit, topics include the determinants and theories of economic growth, productivity and technology, the dynamics of the business cycle, counter-cyclical policy and the relationship between micro and macro policy in the context of recent Australian experience.

Assessments

mid-semester test (30%), assignments (20%) and 2hr final exam (50%)

Classes

1x2-hr lecture/week, 1x1-hr tutorial/week

Prerequisites

ECON1002

Corequisites

ECMT1020

Prohibitions

ECON2002, ECOS2902, ECON2902

Additional Information

Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.

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