units

ECW2730

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
OfferedBerwick First semester 2011 (Day)
Gippsland First semester 2011 (Day)
Sunway First semester 2011 (Day)
South Africa First semester 2011 (Day)
Coordinator(s)Dr Anupama Sethi

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.

Assessment

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

Chief examiner(s)

Ratbek Dzhumashev

Contact hours

3 hours per week

Prerequisites

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

Prohibitions

ECG2730, ECW2120