Cyclical Fluctuations (ECOP3601)

UNIT OF STUDY

This unit surveys historical and contemporary theories to explain cyclical behavior in a market economy, recognising there are different types of cycles. Students will be trained to use techniques to detect cycles, trends, volatility and turning points. Students will complete a project which detects cyclical behavior, analyses the social, political and institutional features of an economy that may influence cyclical patterns, and discusses the challenges for policymakers to softening the ill-effects of economic downturns and create conditions for recovery.

Further unit of study information

Classes

1x2hr lecture/week, 1x1hr tutorial/week

Assessment

1x1000wd Essay (25%), 1x2000wd Research project (35%), 1x1.5hr exam (30%), Tutorial participation (10%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

12 credit points from (ECOP2011, ECOP2012, ECOP2612), 12 credit points from (ECOP2011, ECOP2012, ECOP2612), 12 credit points from (ECOP2011, ECOP2012, ECOP2612)

Prohibitions

ECOP2601, ECOP2601, ECOP2601

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.