• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Classification Advanced
  • Course subject Economics
  • Areas of interest Econometrics, Economic History, Economics, Economic Policy, Applied Economics
  • Academic career PGRD
  • Mode of delivery In Person
  • Offered in First Semester 2020
    Second Semester 2020
    See Future Offerings

This course will acquaint students with contemporary modern macroeconomics. Key questions relating to long-terms prospects for the wealth of nations and the short-terms fluctuations in aggregate economic outcomes will be discussed. In addressing these questions, we will need to develop some analytical tools, learn about the modern approaches to macroeconomic modelling, and appreciate the importance of empirical regularities in informing modelling. We will also discuss the relevance of some of these models toward informing macroeconomic policy and business decision making. Students are expected to possess or have the aptitude for some formal mathematical thinking and analysis (at a minimal level of ECON8013 Mathematical Techniques in Economics I). 

Learning Outcomes

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

  1. Understand key issues and questions in macroeconomics.
  2. Develop some idea about how to think about and solve current macroeconomic problems.
  3. Understand the connection between assumptions made and the conclusions drawn.
  4. Appreciate the shortcomings of models and to provide alternative improvements.
  5. Construct logical arguments and provide economic explanations consistent with the workings of the model used.
  6. Use analytical and (some) numerical methods in modeling.
  7. Work independently, in teams, and to develop intellectual leadership.

Other Information

Indicative Assessment

  1. Mid-semester exam - 30% (30) [LO null]
  2. Final exam - 70% (70) [LO null]

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Workload

3 hrs contact per week plus private study time.

Inherent Requirements

Not applicable

Requisite and Incompatibility

To enrol in this course you must have previously completed ECON7074 and EMET7001. Incompatible with ECON4426.

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.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
4053 24 Feb 2020 02 Mar 2020 31 Mar 2020 29 May 2020 In Person N/A

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
9057 27 Jul 2020 03 Aug 2020 31 Aug 2020 30 Oct 2020 In Person N/A

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