This unit is comprised of lectures based upon the curriculum for ECOS2002 Intermediate Macroeconomics, supported by a seminar for one hour a week. The content of lectures reflects a more intensive treatment of the topics than ECOS2002. Topics covered include: models of the goods, money and labour markets; macro-economic relationships such as consumption, investment, demand for money and labour demand and supply; macro-dynamic relationships, especially those linking inflation and unemployment; exchange rates and open economy macroeconomics; theories of economic growth; productivity and technological change; the dynamics of the business cycle; and the relationship between micro- and macro-economic policy.
1x2hr lecture/week, 1x1hr tutorial/week
Essay (20%), Mid-semester test (30%) and 2hr Final exam (50%)
(ECON1002 or ECON1040) with a minimum Distinction grade (75%)Prohibitions
ECOS2002 or ECON2002 or ECON2902