ECX5300 Crashes, crises and macroeconomic policy
Faculty of Business and Economics
ECX5300 Crashes, crises and macroeconomic policy is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 2 at Clayton. It needs ECB1102, ECX5953, ECC1100, ECF5923, ECF1200, ECX1200 or ECW1102.
- Credit points
- 6
- Offered in 2023
- Semester 2
- Clayton
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ECX5300. This is its 2023 entry, the latest one.
Reviews
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Requisites
Before ECX5300
Prerequisites
Pass these before you enrol.
- ECB1102Introductory macroeconomicsNo reviews yet
- ECX5953EconomicsNo reviews yet
- ECC1100Principles of macroeconomicsRated 4.0 out of 5 from 1 review
- ECF5923Macroeconomic policyNo reviews yet
- ECF1200MacroeconomicsNo reviews yet
- ECX1200MacroeconomicsNo reviews yet
- ECW1102Introductory macroeconomicsNo reviews yet
Prohibitions
You can't enrol if you have passed any of these.
After ECX5300
No unit lists ECX5300 as a prerequisite in the 2023 handbook.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit will examine recent developments in the economy, including the Global Financial Crisis and the Covid-19 recession, and apply macroeconomic theory to explain how they unfolded and how they relate to other trends in the macroeconomy. Topics covered include liquidity traps, secular stagnation, inequality, monetary policy and the rise of automation. Across all topics the unit will cover both the relevant macroeconomic theory and the underlying data including how it is created, analysed and used in the policy making process.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment40%
- Examination60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand how economic theory and data are combined to analyse and frame macroeconomic policies
- 2
understand how macroeconomic data is created, and used to design macroeconomic policy
- 3
evaluate the contributions and limitations of economic analysis for helping to understand and to evaluate macroeconomic policy options
- 4
analyse the causes of recent economic crises, apply macroeconomic theory to understand how they unfolded and describe what policies were used to solve them.
Workload and teaching
- Tutorials12 hours
- Seminars24 hours
- 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. 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.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Dr Isaac Gross
Common questions
What are the prerequisites for ECX5300?
You need ECB1102, ECX5953, ECC1100, ECF5923, ECF1200, ECX1200 or ECW1102 before you enrol.
When is ECX5300 offered?
In 2023, ECX5300 runs in Semester 2 at Clayton.
How much work is ECX5300?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECX5300 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
More details
- Credit points
- 6
- Level
- 5
- Study level
- Postgraduate
- Faculty
- Faculty of Business and Economics
- Organisational unit
- Department of Economics
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 4
- Study abroad
- Available
- Handbook years
- 20222023