| Type: | Undergraduate Subject |
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| Code: | ECON13-302 |
| EFTSL: | 0.125 |
| Faculty: | Bond Business School |
| Semesters offered: |
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| Credit: | 10 |
| Study areas: |
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| Subject fees: |
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Description
This advanced subject explores several macroeconomics topics in depth. These topics provide students with the theory and models to explain why some countries grow more quickly than others, why some countries experience high inflation while others have stable prices, and why all countries experience periods of economic recession and expansion. These models include long-run economic growth models, short-run models and micro-foundations of macroeconomic models.
Subject details
Learning outcomes
- Evaluate the key differences between the short-run and long-run macroeconomic models through IS-LM framework.
- Demonstrate knowledge of monetary and fiscal policies which influence the business conditions during recessions and expansions.
- Demonstrate understanding of classical and neo-classical growth models.
- Show proficiency in creating a written report demonstrating a deep understanding of fundamental macroeconomic concepts.
- Demonstrate an understanding of the ethical considerations related to contemporary issues in monetary policy around the world.
Enrolment requirements
| Requisites: |
Nil |
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| Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge. Assumed Prior Learning (or equivalent):
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| Restrictions: |
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Subject outlines
- May 2025 [Standard - Business Conditions Analysis]
- May 2024 [Standard - Business Conditions Analysis]
- May 2023 [Standard - Business Conditions Analysis]
- May 2022 [Standard - Business Conditions Analysis]
- May 2021 [Standard - Business Conditions Analysis]
- May 2020 [Standard - Business Conditions Analysis]
- September 2019 [Standard - Business Conditions Analysis]
- May 2019 [Standard - Business Conditions Analysis]
- September 2018 [Standard - Business Conditions Analysis]
- May 2018 [Standard - Business Conditions Analysis]
- September 2017 [Standard - Business Conditions Analysis]
- May 2017 [Standard - Business Conditions Analysis]
Subject dates
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May 2025
Standard Offering Enrolment opens: 23/03/2025 Semester start: 19/05/2025 Subject start: 19/05/2025 Last enrolment: 01/06/2025 Teaching census: 13/06/2025 Withdraw - Financial: 14/06/2025 Withdraw - Academic: 05/07/2025
| Standard Offering | |
|---|---|
| Enrolment opens: | 23/03/2025 |
| Semester start: | 19/05/2025 |
| Subject start: | 19/05/2025 |
| Last enrolment: | 01/06/2025 |
| Teaching census: | 13/06/2025 |
| Withdraw - Financial: | 14/06/2025 |
| Withdraw - Academic: | 05/07/2025 |