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.
Learning Outcomes
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.
Indicative Assessment
- Quiz (10) [LO 1,2,3,4]
- Mid-semester exam (30) [LO 1,2,3,4]
- Final exam (60) [LO 1,2,3,4]
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
A standard course workload is 130 hours including in class times and independent study.
Inherent Requirements
Not applicable
Prescribed Texts
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.
Assumed Knowledge
Some basic background in undergraduate microeconomics and macroeconomics will be assumed.
Fees
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:
- 34
- 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.
Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee | Description |
|---|---|---|
| 2023 | $4560 | Standard Rate |
| 2023 | $3600 |
Grandfathered Rate*
*continuing students in nominated programs only. See fee website |
- International fee paying students
| Year | Fee |
|---|---|
| 2023 | $5820 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
