- Class Number 5368
- Term Code 3160
- Class Info
- Unit Value 6 units
- Topic On Campus
- Mode of Delivery In Person
- AsPr Creina Day
- AsPr Creina Day
- Class Dates
- Class Start Date 26/07/2021
- Class End Date 29/10/2021
- Census Date 14/09/2021
- Last Date to Enrol 02/08/2021
IDEC8002 introduces students to the main classes of models in modern macroeconomics. The course is aimed at providing students with a sound knowledge of modern macroeconomic theory, an ability to formulate and solve problems analytically, and a general appreciation of how policymakers can use the analysis in practice.The first half of the course will be devoted to growth models while the second half will deal with cyclical fluctuations, monetary and fiscal policy.
Upon successful completion, students will have the knowledge and skills to:
- Recognise key concepts, theories and core models of macroeconomics
- Apply these tools to the analysis of a variety of illustrations and examples, including empirical trends and implications for policymakers
- Explain macroeconomic concepts, graphically, mathematically and in writing, to a professional standard
- Evaluate real world events and data using macroeconomic analysis
Lecture slides, produced in pdf format by the lecturer, will be posted on Wattle in advance of classes. A detailed outline to accompany the course schedule, with suggested readings in parentheses, will be posted on Wattle. Recommended textbooks for this course (available in the Chifley Library Reserve) are:
Jones, Charles and Vollrath, Dietrich (2013) Introduction to Economic Growth, 3rd edition, W. W. Norton
Romer, David (2019) Advanced Macroeconomics, 5th edition (or earlier edition), McGraw Hill
Mankiw, N. Gregory (2019) Macroeconomics, 10th edition (2016 9th or earlier edition), Worth Publishers
Staff FeedbackStudents will be given feedback in the following forms in this course:
- Written comments
- Verbal comments
- Feedback to the whole class, to groups, to individuals, focus groups
Student FeedbackANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.
|Week/Session||Summary of Activities||Assessment|
|3||Week#3: Growth Empirics|
|4||Week#4: The Economics of Ideas|
|5||Week #5: Endogenous Growth|
|6||Week #6: Ramsey Diagram|
|7||Week #7: NO CLASS (Mid Semester Exam tentative date)||Exam time to be arranged centrally during week beginning 20 September (tentative).|
|8||Week#8: Keynesian Cross and ISLM|
|9||Week#9: ISLM and ADAS|
|10||Week#10: Mundell Fleming|
|11||Week#11: Policy in Mundell Fleming|
|12||Week #12: Review|
|Assessment task||Value||Return of assessment||Learning Outcomes|
|Mid-Semester Exam||40 %||29/10/2021||1, 2, 3, 4|
|Final Exam||60 %||02/12/2021||1, 2, 3, 4|
* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details
PoliciesANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:
Assessment RequirementsThe ANU is using 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. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.
Moderation of AssessmentMarks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.
Assessment Task 1
Learning Outcomes: 1, 2, 3, 4
The mid-semester exam will be held Week 7 with the specific date to be confirmed by the ANU examination office.
Assessment Task 2
Learning Outcomes: 1, 2, 3, 4
Final Examination will be held during the examination period with the specific date to be confirmed by the ANU examination office. The examination will test students' understanding of the key macroeconomic issues learnt in class.
Academic IntegrityAcademic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.
Online SubmissionThe 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.
Hardcopy SubmissionFor some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.
No submission of assessment tasks without an extension after the due date will be permitted. If an assessment task is not submitted by the due date without an extension, a mark of 0 will be awarded.
Referencing RequirementsAccepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.
Extensions and PenaltiesExtensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.
Distribution of grades policyAcademic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.
Support for studentsThe University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).
- ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
- ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
- ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
- ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
- ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
- ANUSA supports and represents undergraduate and ANU College students
- PARSA supports and represents postgraduate and research students