- Code IDEC8002
- Unit Value 6 units
- Offered by Crawford School of Public Policy
- ANU College ANU College of Asia and the Pacific
- Course subject International and Developmental Economics
- Areas of interest Economics, Economic Policy
- Academic career PGRD
- AsPr Creina Day
- Mode of delivery In Person
Second Semester 2023
See Future Offerings
This course is available for on-campus & remote (online) learning. All students participate in interactive, real-time classes..
This course 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 macroeconomic 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:
- Understand 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 and communicate macroeconomic concepts to a professional standard graphically, mathematically and in writing.
- Evaluate real world events and data using macroeconomic analysis.
- Quiz (10) [LO 1,2,3,4]
- Mid-semester exam (30) [LO 1,2,3,4]
- Final exam (60) [LO 1,2,3,4]
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A standard course workload is 130 hours including in class times and independent study.
Recommended textbooks for this course (available in the Chifley Library Reserve) 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.
Some basic background in undergraduate microeconomics and macroeconomics will be assumed.
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
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