• Class Number 7161
  • Term Code 3260
  • Class Info
  • Unit Value 6 units
  • Topic Online
  • Mode of Delivery Online
    • AsPr Creina Day
    • AsPr Creina Day
  • Class Dates
  • Class Start Date 25/07/2022
  • Class End Date 28/10/2022
  • Census Date 31/08/2022
  • Last Date to Enrol 01/08/2022
SELT Survey Results

This course covers a range of topics driving the research agenda in modern macroeconomics. Topics include international finance and open economy macroeconomics, macroeconomic dynamics, population and development, finance and investment, macroeconomic policy under uncertainty, and globalisation, trade and development. The course is aimed at providing students with a comprehensive knowledge of modern macroeconomic theory in a way that develops intuition and a technical ability to apply macroeconomic theory in practice. Students will be equipped with the key tools needed to formulate and solve problems analytically and provided with an appreciation of how these tools can be used to understand real world events and policy.

Learning Outcomes

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

  1. Demonstrate mastery of advanced concepts, techniques, and theories that drive the research agenda in modern macroeconomics.
  2. Apply advanced macroeconomic tools to the analysis of macroeconomic dynamics, open economy and finance, and development.
  3. Explain advanced concepts using intuition and demonstrate competency with the techniques required to model macroeconomic trends and policy challenges.
  4. Contextualise real world situations and analyse them using advanced theories in macroeconomics.

Required Resources

The textbooks for this course are:

Jones, Charles I. 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

A detailed outline to accompany the course schedule, with suggested readings in parentheses, will be posted on Wattle.

Staff Feedback

Students 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 Feedback

ANU 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.

Class Schedule

Week/Session Summary of Activities Assessment
1 Week 1: International Finance and Open Economy Indicative summary schedule for weeks 1-12
2 Week 2: Solow with technological progress
3 Week 3: Population and Development
4 Week 4: R&D-based Growth and Capital Investment
5 Week 5: Ramsey with Dynamic Optimisation Assignment due (tentative)
6 Week 6: Government Spending in Ramsey
7 Week 7: NO CLASS (Mid Semester Exam tentative date) Exam time to be arranged during week beginning 19 September (tentative).
8 Week 8: Overlapping Generations
9 Week 9: Real Business Cycle
10 Week 10: Monetary Policy under uncertainty
11 Week 11: Globalisation, Development and Trade
12 Week 12: Ricardian Equivalence, Capital and Finance

Assessment Summary

Assessment task Value Due Date Return of assessment Learning Outcomes
Assignment 10 % 22/08/2022 05/09/2022 1, 2, 3, 4
Mid-Term Exam 30 % * 28/10/2022 1, 2, 3, 4
Final Exam 60 % * 01/12/2021 1, 2, 3, 4

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details


ANU 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 Requirements

The 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 Assessment

Marks 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

Value: 10 %
Due Date: 22/08/2022
Return of Assessment: 05/09/2022
Learning Outcomes: 1, 2, 3, 4


Short assignment will be made available with specific details on Wattle.

Assessment Task 2

Value: 30 %
Return of Assessment: 28/10/2022
Learning Outcomes: 1, 2, 3, 4

Mid-Term Exam

Mid-semester exam will be held during the Week 7 with the specific date to be confirmed by the ANU Examination Office.

Assessment Task 3

Value: 60 %
Return of Assessment: 01/12/2021
Learning Outcomes: 1, 2, 3, 4

Final Exam

Final Examination will be held during the examination period with the specific date to be confirmed by the ANU examination office.

Academic Integrity

Academic 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 Submission

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.

Hardcopy Submission

For 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.

Late Submission

No submissions 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 Requirements

Accepted 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 Penalties

Extensions 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.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic 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 students

The 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).
AsPr Creina Day
02 6125 2681

Research Interests

AsPr Creina Day

By Appointment
AsPr Creina Day
02 6125 2681

Research Interests

AsPr Creina Day

By Appointment

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