UnitLevel 1Undergraduate

ECC1100 Principles of macroeconomics

Faculty of Business and Economics

ECC1100 Principles of macroeconomics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2026 in Semester 1 and Semester 2 at Clayton. It has no prerequisites and unlocks 9 units, leading on to 15 units in all. Students rate it 4.0 out of 5 from 1 review and call it easy.

Credit points
6
Offered in 2026
Semester 1, Semester 2
Clayton
Assessment
Exam 60%
and 2 other tasks
Workload
144 hours
per semester

This is the 2026 handbook entry. See the 2027 entry.

Reviews

Rated 4.0 out of 5 from 1 review
4.01 review
  1. 5 stars: 0
  2. 4 stars: 1
  3. 3 stars: 0
  4. 2 stars: 0
  5. 1 star: 0
Teaching
4.0out of 5 from 1 review
Content
5.0out of 5 from 1 review
Assessment
4.0out of 5 from 1 review
Usefulness
4.0out of 5 from 1 review
Difficulty
Easy
Workload
Light

What students say

  • TROctober 2026 · Took it in 2026
    4 out of 5: Good

    Interesting content, very conceptual rather than what macroeconomics later becomes in intermediate macroeconomics for example, which is just maths.

    • Teaching4out of 5
    • Content5out of 5
    • Assessment4out of 5
    • Usefulness4out of 5
    • DifficultyEasy
    • WorkloadLight

Requisites

Enrolment rules

If you are enrolled in course B2007 you cannot undertake this unit.

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.

Overview

This unit introduces you to macroeconomics, from the leading schools of thought and the microeconomic underpinnings to policy analysis. You will develop a broad understanding of the various indicators of macroeconomic performance of a country, such as inflation, unemployment and economic growth, as well as their interrelation, strengths and deficiencies. The role of monetary and fiscal policy in business cycles and economic growth is studied in the context of the current macroeconomic challenges.

Offerings in 2026

Teaching periodCampusMode
First semesterClaytonFlexible
Second semesterClaytonOn campus

Assessment

  • Quiz / Test
    20%
  • Project
    20%
  • Examination
    60%

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. 1

    interpret recent movements in key economic indicators of the Australian and other economies and appreciate some of the definition and measurement problems associated with the available data

  2. 2

    understand the importance of distinguishing between the short-run and long-run impacts of macroeconomic policy

  3. 3

    apply economic analysis appropriate to achieving an understanding of the working of the macroeconomy

  4. 4

    recognise the significance of Australia's economy in relation to the rest of the world and the implications of this interdependence for the balance of payments and exchange rate

  5. 5

    understand regulatory and political environments and how they impact on business and the economy.

Workload and teaching

  • Applied sessions12 hours
  • Workshops24 hours
  • Teaching approachProblem-based learning
  • Teaching approachCase-based teaching
  • Teaching approachEnquiry-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 includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.

This unit engages you in enquiry-based learning, where you will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

Where it fits

ECC1100 is part of 2 areas of study in the 2026 handbook.

Contacts

Chief Examiners
Ms Ayushi Bajaj
Dr Siew Ling Yew

Common questions

What are the prerequisites for ECC1100?

ECC1100 has no prerequisites, but enrolment rules apply.

What can I take after ECC1100?

ECC1100 is a prerequisite or corequisite for 9 units, including ECB2330, ECB3121, ECC2010, ECC2511, ECC3144 and ECC3690. Those lead on to 15 units in all.

When is ECC1100 offered?

In 2026, ECC1100 runs in Semester 1 and Semester 2 at Clayton.

Is ECC1100 hard?

Students who took it rate it easy to do well in and light on workload (1 rating). The handbook expects about 144 hours of study across the semester.

Does ECC1100 have an exam?

Yes. The exam is worth 60% of the final mark, alongside 2 other tasks.

Which majors and minors include ECC1100?

ECC1100 is part of Accounting and Economics.

What do students think of ECC1100?

It is rated 4.0 out of 5 from 1 review. Read the reviews above or add your own.

More details

Credit points
6
Level
1
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Economics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Available