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ECC1100 - Principles of macroeconomics

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader(s): Ms Cathy Fletcher


Clayton First semester 2009 (Day)
Clayton Second semester 2009 (Day)


The scope of macroeconomics and its microeconomic underpinnings; aggregation problems; partial equilibrium and general equilibrium analysis; the circular flow of income as a general equilibrium model; the mutual dependence of financial flows and flows of goods and services; sectoral composition of aggregate demand; business and investment behaviour; government spending and taxation; external balance and determination of current and capital accounts; labour market and aggregate supply; money, credit, and the conduct of monetary policy; inflation and unemployment; macroeconomic effects of deregulation in Australia.


Within semester assessment: 40%
Examination (2 hours): 60%

Contact hours

3 hours per week


ECC1000 is recommended


ECF1200, ECW1102

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