MAE203 - The Global Economy
Unit details
| Year: | 2019 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online Trimester 3: Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Previously coded as: | MAE102 |
| Trimester 1 Unit Chair: | Prasad Bhattacharya |
| Trimester 2 Unit Chair: | Omar Bashar |
| Trimester 3 Unit Chair: | Helen Scarborough |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MAE102, MAEM203 |
| Scheduled learning activities - campus: | 1 x 2 hour class, 1 x 1 hour seminar per week |
| Scheduled learning activities - 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 2,000 words 25%
Examination: (2-hours) 60%
Hurdle requirement
Hurdle requirement: achieve at least 50% of the marks available on the examination
Unit Fee Information
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