• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
  • Areas of interest Economics
  • Academic career UGRD
  • Course convener
    • Dr Timo Henckel
  • Mode of delivery In Person
  • Offered in Second Semester 2020
    See Future Offerings

This course extends and reinforces the material developed in Macroeconomics 2 by analysing a number of policy issues in macroeconomics. Its objective is to show how practical problems can be structured and analysed using macroeconomic models and appropriate data. Most of the applications will be drawn from contemporary and historical Australian experience. Topics to be discussed include measurement and interpretation of macroeconomic aggregates; impact of the world economy on short-run fluctuations in Australia; determinants of economic growth and foreign debt; assessment of the impact of fiscal policy; inflation targets and monetary policy; and the persistence of unemployment.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

On successful completion of the course, students will: 
1. be able to use macroeconomic models to examine and understand recent major economic events in the Australian economy;
2. understand how to use different macroeconomic models to evaluate macreconomic activity;
3. be familiar with the main computational models used in Australia to forecast economic economic activity, and how they are used to evaluate policy proposals;
4. know how to report macroeconomic policy analysis in a coherent way with clear explanations of the economic intuition;

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

Assignments, mid-semester exam and final exam

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

Three lectures and one tutorial per week throughout the semester

Requisite and Incompatibility

To enrol in this course, you must have completed ECON2101 Microeconomics 2 (P) (or ECON2111 Microeconomics 2 (H) ) and ECON2102 Macroeconomics 2 (P) (or ECON2112 Macroeconomics 2 (H) or ECON2016 Economics II (H) ).

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:
3
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
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
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
7294 27 Jul 2020 03 Aug 2020 31 Aug 2020 30 Oct 2020 In Person N/A

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