The course will cover recent research in macroeconomics. There will be a particular focus on search-theoretic models and/or heterogeneous agent models and their applications. We will cover a number of different applications, such as growth, unemployment, inflation, markups, and business cycles. The course will involve studying research papers and aims to bring students to the research frontier in the field.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Apply their understanding of aspects of theoretical models used in recent research in macroeconomics to various economic applications, such as unemployment or growth.
- Effectively communicate their understanding of both the findings of recent research in macroeconomics and features of the theoretical models used in this research.
- Critically reflect on recent research in macroeconomics by evaluating aspects of theoretical models used in this research.
- Identify open research questions at the frontier of macroeconomic theory.
- Develop some degree of proficiency in using modelling tools from recent research in macroeconomics, for example heterogeneous agent modelling tools and search-theoretic modelling tools, to examine various economic phenomena.
Indicative Assessment
- Typical assessments may include but is not restricted to in-class exercises, written and oral assignments, quizzes, examinations, group project tasks, oral presentation, and other assessment deemed appropriate to show attainment of the learning outcomes set for the course. Further details will be made available via the Class Summary. (100) [LO 1,2,3,4,5]
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Workload
130 hours in total over the semester consisting of lectures, tutorials and private study time.
Inherent Requirements
N/A
Requisite and Incompatibility
You will need to contact the Research School of Economics to request a permission code to enrol in this course.
Prescribed Texts
See Class Summary.
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 |
|---|---|
| 2026 | $5520 |
- International fee paying students
| Year | Fee |
|---|---|
| 2026 | $7020 |
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.
First Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 4154 | 23 Feb 2026 | 02 Mar 2026 | 31 Mar 2026 | 29 May 2026 | In Person | N/A |