MAE312 - National Economic Policy
Unit details
Year: | 2020 unit information |
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Important Update: | Classes and seminars in Trimester 2, 2020 will be online. Last updated: 2 June 2020 |
Enrolment modes: | Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online |
Credit point(s): | 1 |
Previously coded as: | MAE202 |
EFTSL value: | 0.125 |
Unit Chair: | Trimester 1: Yan Liang |
Prerequisite: | MAE101, MAE203 |
Corequisite: | Nil |
Incompatible with: | MAE202 |
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 2 hour class, 1 x 1 hour seminar per week Warrnambool students only: 1 x 2 hour seminar per week |
Scheduled learning activities - cloud: | Online independent and collaborative learning activities including 3 scheduled online seminars |
Content
Topics include: determination of national income, long-run economic growth, business cycles using the framework of IS-LM and aggregate demand and aggregate supply, fiscal and monetary policy, unemployment, conduction of monetary policy by the Reserve Bank and Global Financial Crises.
| These are the Learning Outcomes (ULO) for this Unit | Deakin Graduate Learning Outcomes |
ULO1 | Apply macro-economic theory to analyse contemporary economic issues. | GLO1: Discipline-specific knowledge and capabilities |
ULO2 | Consider issues relating to long run economic growth and cross-country income differences. | GLO1: Discipline-specific knowledge and capabilities |
ULO3 | Evaluate models for analysing short run economic fluctuations. | GLO1: Discipline-specific knowledge and capabilities |
ULO4 | Have understanding of the role of monetary and fiscal policy. | GLO1: Discipline-specific knowledge and capabilities |
ULO5 | Have knowledge of and evaluate models of inflation and unemployment. | GLO1: Discipline-specific knowledge and capabilities |
ULO6 | Analyse the different approaches towards macroeconomics and their implications for policy. | GLO2: Communication |
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: Test (Online/In Class) | 20% | Week 6 | |
Assessment 2: Written Assignment | 1,500 words | 20% | Week 10 |
Examination | 2-hours | 60% | Exam 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.
Hurdle requirement
Hurdle requirement: achieve at least 50% of the marks available on the examination
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAE312 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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