MAE307 - Economic Policy and Practice

Unit details

Note: You are seeing the 2021 view of this unit information. These details may no longer be current. [Go to the current version]
Year:

2021 unit information

Important Update:

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Last updated: 4 June 2021

Enrolment modes:Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Aaron Nicholas
Previously:Techniques for Business and Economic Analysis
Prerequisite:

Successful completion of MAE201, MAE203 and MAE256 plus one unit from either MAE301, MAE304, MAE305, MAE306 or MAE312

Corequisite:MAE214
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.

Scheduled learning activities - campus:

 1 x 3 hour workshop per week

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Note:

Online teaching methods require internet access. Please refer to the most current computer specifications.

Content

This unit will provide a capstone experience for students doing an Economics major. It will focus on the integration of knowledge from across the economics major and the consolidation of key skills. It will also provide the opportunity for students to develop their professional identity and enhance the transition of students to the workplace. The emphasis will be on skills economists use in the workplace, such as cost-benefit analysis and policy analysis. These skills cut-across both the government and private sector and are assessed in the unit through team-based research reports.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Frame problems in terms of core economic concepts and principles and apply economic reasoning and analytical skills in order to make informed judgements and recommendations.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO2

Articulate your suitability for a professional role as an economist 

GLO2: Communication
GLO6: Self-management

ULO3

Reflect on the nature and implications of assumptions and value judgements in economic analysis and policy.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO4: Critical thinking
GLO8: Global citizenship

ULO4

Evaluate your teamwork skills and contribute to planning and executing a team project 

GLO7: Teamwork

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1: Individual professional identity - 10% Week 5

Assessment 2 (Individual) - 48-hour online assignment

 

1500 words

30%

Week 4
Assessment 3 (Group of 3) - Report

 

2000 words

25%

Week 8

Assessment 4:
Part A (Group of 3) - Presentation (in-class (on campus/ online (cloud))

Part B: (Group of 3) - Report

 

Part A:12 minutes
Part B:2000 words

 

Part A: 10%
Part B:25%

Part A:Information not yet available
Part B: Week 11

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.

Hurdle requirement

Hurdle requirement: Achieve at least 50% of the marks available on assessment 3 and 4 as a whole (3+4A+4B). Successfully complete the professional literacy module to gain access to the assignment dropbox.

Learning Resource

Texts and reading lists for units can be found on the University Library via the following link. 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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