MAE203 - The Global Economy
Unit details
| Year | 2017 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne) Trimester 2: Waterfront (Geelong), Online Trimester 3: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Previously coded as: | MAE102 |
| Unit chair: | Prasad Bhattacharya (Trimester 1), Omar Bashar (Trimester 2), Pedro Gomis Porqueras (Trimester 3) |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MAE102 |
| 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 |
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 2000 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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