A sound macroeconomic approach to real-world problems and the development of policy and programs to deliver long-term growth rely upon advanced economic knowledge and technical know-how. This specialisation provides students with the opportunity for advanced understanding of national and international macroeconomic policy, monetary and finance policy and central banking. This specialisation will also provide students with the opportunity to develop skills in computable general equilibrium modelling and time series econometrics and forecasting.
Learning Outcomes
Understand and apply modern macroeconomic theory.
Demonstrate an understanding of the tools and goals of monetary policy.
Analyse and interpret the results of computable general equilibrium models.
Carry out econometric time series modelling and forecasting.
Other Information
This specialisation is only available to students undertaking the Master of International and Development Economics and Master of Environmental and Resource Economics degree programs. IDEC8011 and IDEC8033 are eligible to provide credit on approval of the course convener provided that the research essay or project falls within the field of the specialisation.
Relevant Degrees
Requirements
This specialisation requires the completion of 24 units from the following macroeconomic policy courses:
EMET8010 Applied Macro and Financial Econometrics
IDEC8008 Open Economy Macroeconomics, Finance and Development
IDEC8010 Quantitative International Economics
IDEC8011 Masters Research Essay
IDEC8012 Quantitative Methods for Monetary Policy Analysis
IDEC8020 Applied Economic Dynamics
IDEC8025 Empirical Public Finance
IDEC8127 Modelling the Global Economy: techniques and policy implications
IDEC8030 Issues in Applied Macroeconomics
IDEC8033 Research Project
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