UnitLevel 2Undergraduate

ECC2010 Intermediate macroeconomics

Faculty of Business and Economics

ECC2010 Intermediate macroeconomics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 1 and Semester 2 at Clayton. It needs (ECB1101, ECC1000, ECF1100 or ECW1101) and (ECB1102, ECC1100, ECF1200, ECW1102 or ECX1200) and unlocks 3 units.

Credit points
6
Offered in 2027
Semester 1, Semester 2
Clayton
Assessment
Exam 40%
and 3 other tasks
Workload
144 hours
per semester

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Requisites

Enrolment rules

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher 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 develops analytical tools for understanding macroeconomic fundamentals. It provides you with a unified framework that can be used to analyse macroeconomic issues such as employment, productivity, growth, inflation, business cycles, and macroeconomic policies. The unit combines macroeconomic theory with real-world applications.

Offerings in 2027

Teaching periodCampusMode
First semesterClaytonOn campus
Second semesterClaytonOn campus

Assessment

  • Exercise
    10%
  • Presentation
    30%
  • Quiz / Test
    20%
  • Examination
    40%

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

    understand the basic macroeconomic frameworks

  2. 2

    analyse systematically the forces that determine changes in macroeconomic performance and living standards

  3. 3

    appraise critically the important current macroeconomic issues

  4. 4

    appreciate the nature and relevance of some significant recent developments in macroeconomics

  5. 5

    engage in rigorous economic analysis.

Workload and teaching

  • Tutorials12 hours
  • Workshops22 hours
  • Assessments2 hours
  • Teaching approachCase-based teaching
  • Teaching approachActive learning
  • Teaching approachProblem-based 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 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 actively applying your knowledge, skills and attributes in interactive, collaborative and reflective 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.

Learning resources

Required resources

Abel, A.B., Bernanke, B.S., Croushore, D. Macroeconomics, Global Edition, 10th Edition or 9th Edition. Pearson.  

Where it fits

ECC2010 is part of 5 areas of study in the 2027 handbook.

Contacts

Chief Examiners
Professor Moshe Hazan
Ms Ayushi Bajaj

Common questions

What are the prerequisites for ECC2010?

You need (ECB1101, ECC1000, ECF1100 or ECW1101) and (ECB1102, ECC1100, ECF1200, ECW1102 or ECX1200) before you enrol. Enrolment rules also apply.

What can I take after ECC2010?

ECC2010 is a prerequisite or corequisite for 3 units, including ECC3660, ECF3143 and ECM3670.

When is ECC2010 offered?

In 2027, ECC2010 runs in Semester 1 and Semester 2 at Clayton.

How much work is ECC2010?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ECC2010 have an exam?

Yes. The exam is worth 40% of the final mark, alongside 3 other tasks.

Which majors and minors include ECC2010?

ECC2010 is part of Econometrics, Economic analysis, Economics and Mathematical foundations of econometrics.

More details

Credit points
6
Level
2
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