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.
|Faculty||Bond Business School|
1. Critically evaluate the key differences between the short-run and long-run macroeconomic models. 2. Demonstrate knowledge of monetary and fiscal policies which influence the business conditions during recessions and expansions. 3. Demonstrate the ability to produce a written report that demonstrates higher order understanding of key concepts in macroeconomics. 4. Demonstrate an understanding of the ethical considerations related to contemporary issues in monetary policy around the world.
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):
|Withdraw – Financial?||12/06/2021|
|Withdraw – Academic?||03/07/2021|