A sound macroeconomic approach to real-world problems and the development of policy and programs to deliver long-term growth rely upon advanced economic knowledge and technical know-how. This specialisation provides students with advanced understanding of national and international macroeconomic policy, monetary and finance policy and central banking. This specialisation will also provide students with the skills for using computable general equilibrium modelling and knowledge of time series econometrics and forecasting. To maximise learning and career outcomes for those in government, banking and finance across public, private and non-government sectors, an Academic Convenor provides advice on course planning, events of interest and meets regularly with the group.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:1. understand and apply modern macroeconomic theory
2. demonstrate an understanding of the tools and goals of monetary policy
3. analyse and interpret the results of computable general equilibrium models
4. carry out econometric time series modelling and forecasting
Relevant Degrees
Requirements
The specialisation requires 6 units from completion of the following compulsory course:
IDEC8008 Open Economy Macroeconomics, Finance and Development
18 units from the following macroeconomic policy courses:
IDEC8012 Monetary Policy and Central Banking in the Asia Pacific
IDEC8020 Applied Economic Dynamics
IDEC8127 Modelling the Global Economy: techniques and policy implications
EMET8010 Applied Macro and Financial Econometrics
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