In this course, the emphasis is on how economics matters for policy analysis. Thus, measures of economic performance, and fiscal, monetarist, and trade policies matter primarily in how these are applied across countries. A big component of this course is to understand how government policies may work, so that economic understanding serves this primary purpose. We will examine policy instruments such as exchange rates, interest rates, international debt, budget deficit, and trade deficit, to understand their composition and effects on domestic economy, employment, investment, development, and international trade, the promises they provide, the problems they pose, and what needs to be considered in conjunction with these instruments. Once we have achieved these basics, we will apply our understanding into analyzing how and why government acts and evaluate the effects of such actions across countries, including the US, Asia, and Latin America.
The course covers five general topics:
• General economic indicators: definitions, advantages and drawbacks
• Fiscal policies: multiplier and demand side policies
• Complications for fiscal policies: supply side considerations, crowding-out
• Money and monetarist policies: money supply and money multiplier
• Complications for monetarist policies: budget deficits and debt
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.
Requisite and Incompatibility
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Band 1
- Unit value:
- 6 units
If you are an undergraduate student and 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). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
Offerings and Dates
|Class number||Class start date||Last day to enrol||Census date||Class end date||Mode Of Delivery|
|8618||28 Oct 2019||04 Nov 2019||08 Nov 2019||15 Dec 2019||In Person|