MAE120 - Money, Growth and the Economy
Unit details
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Burwood (Melbourne), Waterfront (Geelong), Online Trimester 3: Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Xueli Tang Trimester 2: Omar Bashar Trimester 3: Cong Pham |
| Cohort rule: | This unit is only available to students enrolled in D330, D332, M325 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 1 hour on-campus lecture (recording provided) and 1 x 2 hour on-campus seminar each week. |
| Educator-facilitated (scheduled) learning activities - online unit enrolment: | 1 x 1 hour online lecture (recordings provided) and 1 x 2 hour online seminar (recordings provided) each week. |
Content
This unit equips students with foundational tools and skills essential for understanding an economy as a whole, with a focus on the relationships between monetary systems, economic growth, and the business environment. Specifically, the unit covers fundamental macroeconomic principles, supported by real-world instances drawn from business and economic policy applications. 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. Extensive focus is devoted to key macroeconomic concepts, including but not limited to economic growth, money, unemployment, inflation, balance of payments, and exchange rates. Upon completing this unit, students will have developed a strong understanding of the forces that help a sustainable economic environment.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Analyse economic challenges within Australia and the wider global context using fundamental macroeconomic concepts. | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking |
| ULO2 | Obtain and interpret macroeconomic data using suitable tools and techniques. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Analyse fundamental macroeconomic models and policies, using suitable tools and techniques. | GLO1: Discipline-specific knowledge and capabilities |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Problem Based Written Assignment | 1200 words | 30% | Week 5 |
| Assessment 2: (Individual) Problem Based Written Assignment | 1200 words | 30% | Week 9 |
| End-of-unit assessment task: Written | 2 hours | 40% | End-of-unit assessment period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAE120 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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