Faculty of Business and Economics
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
|Faculty||Faculty of Business and Economics|
|Organisational Unit||Department of Economics|
|Offered||Caulfield First semester 2015 (Day)|
Caulfield Second semester 2015 (Day)
City (Melbourne) TRI-C-29 2015 (Day)
|Coordinator(s)||Dr Yi Jin|
This unit uses aggregate demand and supply analysis as a tool for identifying and explaining the business cycle, output growth employment, inflation and the current account deficit. The investigation will illustrate the impact of the macroeconomy on decisions by firms and other economic agents in the economy and the effect of fiscal and monetary policies on business outcomes. Key strategic variables affecting decision making in the macro business environment are interest rates, inflation and the Australian dollar.
The learning goals associate with this unit are to:
Within semester assessment: 40%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information
ECC1100, ECG1102, ECW1102, ECB1102, ECS1102