You are viewing this page as a domestic student.
Change to International

You are a domestic student if you are an Australian citizen, a New Zealand citizen or the holder of an Australian permanent visa.

You are an international student whether you are within or outside Australia and you do not meet the domestic student criteria.

Coronavirus (COVID-19): advice and support for the Bond community. Read more

ECON12-202: Contemporary Macroeconomics Issues

Description

Why are economies unstable? Can globalisation benefit all? How do we achieve a sustainable economy? Does inequality undermine macroeconomic performance?  Macroeconomics provides the tools to understand these and many other questions facing entire economies. Unlike microeconomics which examines the economic actions of individual households, firms or industries, macroeconomics considers the economy as a whole. Understanding and explaining the importance of national income, monetary systems, employment, economic productivity and international trade are all central to this subject. You will also learn to explain and interpret current economic conditions and evaluate the short-term and long-term consequences of various macroeconomic interventions (e.g., tax levels, monetary supply, tariffs). 

Subject details

TypeUndergraduate
CodeECON12-202
EFTSL0.125
FacultyBond Business School
Semesters offered
  • May 2020 [Standard Offering]
  • September 2020 [Standard Offering]
  • January 2021 [Standard Offering]
  • May 2021 [Standard Offering]
Credit10
Study areas
  • Business and Commerce
Subject fees
  • Commencing in 2020: $4,340
  • Commencing in 2021: $4,390

Learning outcomes

1. Apply macroeconomic principles to interpret the recent movements in key economic indicators of the Australia and other economies.
2. Critically evaluate the key differences between the short-run and long-run impacts of macroeconomic policies.
3. Apply the knowledge of specific issues in macroeconomics pertinent to recent changes to the global economic environment and policy conditions faced by the Australian Government and the Reserve Bank of Australia.
4. Analyse the significance of Australian economy in relation to the rest of the world and the implications of this interdependence in the balance of payments and exchange rate.

Enrolment requirements

Requisites: ?

Nil

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):

Restrictions: ?

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.

Subject outlines

Subject dates

Standard Offering
Enrolment opens14/07/2019
Semester start09/09/2019
Subject start09/09/2019
Cancellation 1?23/09/2019
Cancellation 2?30/09/2019
Last enrolment22/09/2019
Withdraw – Financial?05/10/2019
Withdraw – Academic?26/10/2019
Teaching census?04/10/2019
Standard Offering
Enrolment opens10/11/2019
Semester start13/01/2020
Subject start13/01/2020
Cancellation 1?27/01/2020
Cancellation 2?03/02/2020
Last enrolment26/01/2020
Withdraw – Financial?08/02/2020
Withdraw – Academic?29/02/2020
Teaching census?07/02/2020
Standard Offering
Enrolment opens15/03/2020
Semester start25/05/2020
Subject start25/05/2020
Cancellation 1?08/06/2020
Cancellation 2?15/06/2020
Last enrolment07/06/2020
Withdraw – Financial?20/06/2020
Withdraw – Academic?11/07/2020
Teaching census?19/06/2020