Intermediate Macroeconomics (ECOS2002)

UNIT OF STUDY

This unit of study develops models of the goods, money and labour markets, and 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.

Our courses that offer this unit of study

Further unit of study information

Classes

1x2hr lecture/week, 1x1hr tutorial/week

Assessment

Mid-semester test (30%), assignments (20%) and 2hr Final exam (50%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

ECON1002

Prohibitions

ECON2002, ECOS2902, ECON2902

Corequisites

ECMT1020

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.