Useful links
Unit of study_
ECOP6601: Economic Cycles and Instability
2024 unit information
This unit journeys through episodes of crises and instability in order to understand their key dynamics are embedded within historical, institutional and social contexts. You will study why some crises have a cyclical character while others do not, and how crisis contains elements to unlock the secrets of present-day and future sources of instability. To detect patterns (trends, cycles and volatility), you will be trained to use basic time series techniques for data analysis which will also assist you to undertake a project that evaluates sources of instability and discusses the challenges for policymakers to soften the ill-effects of economic downturns and create conditions for recovery.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Postgraduate |
|---|---|
| Academic unit | Political Economy |
| Credit points | 6 |
|
Prerequisites:
?
|
None |
|---|---|
|
Corequisites:
?
|
None |
| Prohibitions:
?
|
ECOP3601 |
| Assumed knowledge:
?
|
None |
At the completion of this unit, you should be able to:
- LO1. demonstrate working knowledge of the history and theory of cyclical behavior in capitalist economies
- LO2. understand how cycles can influence various aspects of modern day societies (e.g. unemployment and income distribution)
- LO3. apply quantitative skills learned in this unit to detect cyclical patterns (e.g., indexes, moving averages and time series analysis)
- LO4. demonstrate the ability to conduct independent research which builds on the class material in an original way
- LO5. think independently regarding thematic questions and current issues concerning the structure of economic policies to combat the onset and ill effects of cycles.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
There are no availabilities for this year.
Find your current year census dates
Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
