This is an introductory course to Macroeconomics. The course will examine the issues of macroeconomics, introduce the theories of macroeconomics, provide students with understanding of the methods and indicators used to analyze macroeconomic performance and the policy instruments available for tackling economic problems. The latter part of the course will examine macroeconomic challenges facing most countries, including economic growth, unemployment, inflation, and external instability.
This course is only available to students enrolled in the Graduate Diploma in Public Administration and Graduate Certificate in Public Administration.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
On successful completion of this unit you will be able to:
- Demonstrate a sound understanding of the issues of macroeconomics --- long run economic growth, unemployment, inflation, and government and international deficits
- Demonstrate a solid understanding of the economic relationships between households, firms and the governments
- Demonstrate skills in measuring GDP, unemployment and inflation, and using these indicators to analyze macroeconomic performance
- Demonstrate a solid understanding of the aggregate demand and aggregate supply framework
- Demonstrate a sound understanding of fiscal policy and monetary policy
- Demonstrate a strong ability to identify macroeconomic issues and apply fiscal and monetary policy instruments to tackle these issues
Other Information
Delivery Mode:
on campus, weekly based.
Indicative Assessment
The assessment of the course has three parts:
- Four assignments (20%)
- Mid-semester exam (30%)
- Final exam (50%)
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
This course will be delivered over 13 weeks, involving a 2-hour lecture and a 1.5-hour tutorial each week. Students also need to spend a minimum of 7 hours per week to read textbook, lecture notes, write assignments, and do online exercises.
Prescribed Texts
The course will use the Macroeconomics part of McTaggart, D., C. Findlay and M. Parkin, (2007), Economics (5th Edition), Melbourne: Addison-Wesley.
Fees
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 1
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee | Description |
|---|---|---|
| 1994-2003 | $1338 | |
| 2014 | $3582 | |
| 2013 | $3582 | |
| 2012 | $3582 | |
| 2011 | $3576 | |
| 2010 | $3570 | |
| 2009 | $3570 | |
| 2008 | $3402 | |
| 2007 | $3132 | |
| 2006 | $3084 | |
| 2005 | $2988 | |
| 2004 | $2412 |
- International fee paying students
| Year | Fee |
|---|---|
| 1994-2003 | $3672 |
| 2014 | $4146 |
| 2013 | $4140 |
| 2012 | $4140 |
| 2011 | $4134 |
| 2010 | $4134 |
| 2009 | $4002 |
| 2008 | $4002 |
| 2007 | $3864 |
| 2006 | $3864 |
| 2005 | $3864 |
| 2004 | $3864 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
Second Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 7676 | 21 Jul 2014 | 08 Aug 2014 | 31 Aug 2014 | 30 Oct 2014 | In Person | N/A |