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 2020 in Semester 1 at Peninsula. It needs ECW1102, ECC1100, ECF1200, ECS1102 or ECB1102 and unlocks 7 units.
- Credit points
- 6
- Offered in 2020
- Semester 1
- Peninsula
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before ECB2330
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ECB2330
7 units list ECB2330 as a prerequisite or corequisite.
- ECB3143Economics of money and bankingNo reviews yet
- ECC3660Monetary economicsNo reviews yet
- ECC3690International economicsNo reviews yet
- ECC3800History of economic thoughtNo reviews yet
- ECF3143Economics of money and bankingNo reviews yet
- ECM3670Development economicsNo reviews yet
- ECW3143Economics of money and bankingNo reviews yet
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit develops analytical skills and fundamental concepts that economists need in order to understand the overall macroeconomic policies. It will cover the cyclical behaviour of the economy; the determinants of the level of national income, money and inflation, interest rate, exchange rate, capital flows, international trade, and the natural rate of unemployment; the role of monetary, fiscal and exchange rate policies in influencing economic activities.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Peninsula | On campus |
| First semester (Fully flex) | Peninsula | Flexible |
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the measurement of income, prices, money and unemployment
- 2
distinguish between the short-run and long-run impacts of macroeconomic policy
- 3
understand the concepts of aggregate demand, aggregate supply and general equilibrium, and be able to use them for policy analysis
- 4
understand the effect of macroeconomic policy on the trade balance, inflation, unemployment and income
- 5
be able to critically assess macroeconomic policy.
Workload and teaching
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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Where it fits
ECB2330 is part of 2 areas of study in the 2020 handbook.
Contacts
- Chief Examiners
- Dr Anupama Sethi
Common questions
What are the prerequisites for ECB2330?
You need ECW1102, ECC1100, ECF1200, ECS1102 or ECB1102 before you enrol.
What can I take after ECB2330?
ECB2330 is a prerequisite or corequisite for 7 units, including ECB3143, ECC3660, ECC3690, ECC3800, ECF3143 and ECM3670.
When is ECB2330 offered?
In 2020, 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.
Which majors and minors include ECB2330?
ECB2330 is part of Economics and business decisions; and Finance and economics.