UnitLevel 1Undergraduate

ECI1200 Macroeconomics

Faculty of Business and Economics

ECI1200 Macroeconomics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2026. It has no prerequisites.

Credit points: 6
Offered in 2026: Not offered
Assessment: Exam 50%; and 3 other tasks
Workload: 144 hours; per semester

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

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Requisites

Before ECI1200

Prohibitions

You can't enrol if you have passed any of these.

One of

After ECI1200

No unit lists ECI1200 as a prerequisite in the 2026 handbook.

Enrolment rules

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12. 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 uses aggregate demand and supply analysis as a tool for identifying and explaining the business cycle, output growth employment, inflation and the current account deficit. The investigation will illustrate the impact of the macroeconomy on decisions by firms and other economic agents in the economy and the effect of fiscal and monetary policies on business outcomes. Key strategic variables affecting decision making in the macro business environment are interest rates, inflation and the exchange rate.

Offerings in 2026

The 2026 handbook lists no offerings for ECI1200.

Assessment

Exercise
20%
Quiz / Test
15%
Written
15%
Examination
50%

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
understand and evaluate the importance of factors that determine aggregate output, unemployment, interest rates, inflation and the exchange rate
2
appreciate the influence of macroeconomic conditions on decision making in government, business and international trade
3
analyse and critically evaluate policies designed to affect individual behaviour and aggregate outcomes.

Workload and teaching

Workshops24 hours
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 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.

Common questions

What are the prerequisites for ECI1200?

ECI1200 has no prerequisites, but enrolment rules apply.

When is ECI1200 offered?

ECI1200 has no offerings listed in the 2026 handbook.

How much work is ECI1200?

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

Does ECI1200 have an exam?

Yes. The exam is worth 50% of the final mark, alongside 3 other tasks.

More details

Credit points: 6
Level: 1
Study level: Undergraduate
Faculty: Faculty of Business and Economics

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 4
Study abroad: Not available
Handbook years: 20262027