ECB2330 Macroeconomic policy
Faculty of Business and Economics
ECB2330 Macroeconomic policy is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 1 at Peninsula. It needs ECB1102, ECC1100, ECF1200, ECW1102 or ECX1200 and unlocks 3 units.
- Credit points
- 6
- Offered in 2027
- Semester 1
- Peninsula
- Assessment
- Exam 50%
- and 2 other tasks
- Workload
- 144 hours
- per semester
Reviews
No reviews yetNo reviews yet. Be the first to review ECB2330.
Requisites
Before ECB2330
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ECB2330
3 units list ECB2330 as a prerequisite or corequisite.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit explores the role of macroeconomic policy in shaping economic performance and stability. You will examine key indicators such as GDP, inflation, and unemployment, and apply core macroeconomic models — including the AD-AS model and the Solow growth model — to evaluate the relationship between key macroeconomic variables. Emphasis is placed on understanding fiscal and monetary tools, their effectiveness in various contexts, and their broader social, ethical, and global implications.
Offerings in 2027
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Peninsula | On campus |
Assessment
- Quiz / Test30%
- Exercise20%
- Examination50%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
apply macroeconomic models to evaluate the effectiveness of fiscal and monetary policy in achieving macroeconomic objectives
- 2
critically assess the impacts of current domestic and global economic shocks on national economic performance and policy responses
- 3
interpret and analyse macroeconomic indicators and policy measures using data and evidence, drawing insights from historical trends and current debates
- 4
communicate informed perspectives on macroeconomic policy, using economic reasoning and diagrams to support analysis in both academic and applied business contexts.
Workload and teaching
- Workshops24 hours
- Teaching approachProblem-based learning
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Where it fits
ECB2330 is part of 2 areas of study in the 2027 handbook.
Contacts
- Chief Examiners
- Sahar Shafiei
Common questions
What are the prerequisites for ECB2330?
You need ECB1102, ECC1100, ECF1200, ECW1102 or ECX1200 before you enrol. Enrolment rules also apply.
What can I take after ECB2330?
ECB2330 is a prerequisite or corequisite for 3 units, including ECB3143, ECC3660 and ECF3143.
When is ECB2330 offered?
In 2027, ECB2330 runs in Semester 1 at Peninsula.
How much work is ECB2330?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECB2330 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 2 other tasks.
Which majors and minors include ECB2330?
ECB2330 is part of Economics and business decisions; and Finance and economics.