units

ECG2730

Faculty of Business and Economics

Skip to content | Change text size
 

print version

Monash University Handbook 2011 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedGippsland First semester 2011 (Off-campus)
Coordinator(s)Mrs Judith Tennant

Synopsis

Macroeconomic policy as it affects the open economy; policy consequences of consumption and investment decisions; analysis of policies with respect to the real exchange rate and trade balance; policy responses to assets price movements; policy goals under different international monetary systems; the economic benefits and costs of optimum currency areas; how policy-makers in Australia try to stabilise the economy.

Objectives

The learning goals associated with this unit are to:

  1. understand the impact of monetary and government policies on an open economy;
  2. explain the policy consequences of consumption and investment decisions and
  3. explain how policies affect the trade balance and income;
  4. analyse policy responses to assets price movements;
  5. evaluate the economic benefits and costs of optimum currency areas.
  6. demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered in this unit.

Assessment

Within semester assessment: 30%
Examination (2 hours): 70%

Prerequisites

Students must have passed ECW1102 or ECG1102 before undertaking this unit.

Prohibitions

ECW2120, ECW2730