This course aims to acquaint student with key issues and models in international macroeconomics. It introduces students to macroeconomic accounting and standard open-economy macroeconomic models. These models are then used to understand important issues in international macroeconomics including the exchange rate, the current account, international capital mobility, exchange rate regimes, and monetary policy in open economies.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
Upon successful completion of this course, students will be able to:- Recognise key concepts and core theories of international macroeconomics
- Apply economic tools to real world events and policy
- Communicate concepts, graphically, mathematically and in writing, to a professional standard
- Evaluate what is important and caste an argument in terms of relevant international macroeconomic models
Indicative Assessment
Assessment Task
Word Count
Assessment Value
Learning outcome to be assessed
Essay
1,500
10%
3 and 4
Mid-semester exam
30%
1 and 2
Final exam
60%
1,2,3 and 4
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
3 contact hours per week plus 6-10 hours per week outside class.
Prescribed Texts
The recommended textbook for this course is the text currently prescribed for IDEC8002
Romer, David (2012) Advanced Macroeconomics, 4th edition, McGraw Hill
The following textbook will also be helpful
Heijdra, Ben and van der Ploeg, Frederick (2002) Foundations of Modern Macroeconomics, Oxford University Press
The course material will draw on these books supplemented by lecturer notes to support student learning.
Assumed Knowledge
As for entry to the Graduate Diploma of International and Development Economics.
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. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 2
- 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 |
|---|---|
| 2015 | $3762 |
- International fee paying students
| Year | Fee |
|---|---|
| 2015 | $4566 |
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 |
|---|---|---|---|---|---|---|
| 2836 | 20 Jul 2015 | 07 Aug 2015 | 31 Aug 2015 | 30 Oct 2015 | In Person | N/A |
