MAE203 - The Global Economy
Unit details
Year | 2018 unit information |
---|---|
Enrolment modes: | Trimester 1: Burwood (Melbourne) Trimester 2: Waterfront (Geelong), Online Trimester 3: Burwood (Melbourne), Online |
Credit point(s): | 1 |
Previously coded as: | MAE102 |
EFTSL value: | 0.125 |
Prerequisite: | Nil |
Corequisite: | Nil |
Incompatible with: | MAE102, MAEM203 |
Contact hours: | Campus: 1 x 2 hour class, 1 x 1 hour seminar per week Cloud (online): Online independent and collaborative learning activities including 3 scheduled online seminars |
Tri-1 Unit Chair
Trimester 1: Omar Bashar
Tri 2 Unit Chair
Trimester 2: Omar Bashar
Tri 3 Unit Chair
Trimester 3: Francesco Carli
Content
This unit provides students with an understanding of the Australian economic system within the world economy, and an ability to identify and assess current macroeconomic problems and policies. The unit is concerned with the way in which the whole economy, or large sectors of the economy work. The major sectors analysed are the household sector, the business sector, the government sector and the international sector. The unit provides insights for evaluating the working and the impacts of monetary and fiscal policy, and how central banks and treasuries conduct such policies. Issues such as economic growth, unemployment, inflation, balance of payments and, exchange rates are also examined.
Assessment
Assessment 1 (Online/in class, individual) - Test(s) 15%
Assessment 2 (individual) - Essay 2,000 words 25%
Examination 2-hours 60%
Hurdle requirement: achieve at least 50% of the marks available on the examination
Unit Fee Information
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