|Faculty:||Bond Business School|
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).
- Apply macroeconomic principles to identify recent movements in key economic indicators of the Australian economy and other economies.
- Explain the key differences between the short-run and long-run impacts of macroeconomic policies.
- Apply macroeconomic theories and concepts to explain the current global economic environment and policy conditions faced by the Australian Government.
- Explain the significance of the Australian economy in relation to the rest of the world and the implications of this interdependence in the balance of payments and exchange rate.
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):
- May 2023 [Standard - Standard [May 2023]]
- January 2023 [Standard - Standard [January 2023]]
- September 2022 [Standard - Standard [September 2022]]
- May 2022 [Standard - Standard [May 2022]]
- January 2022 [Standard - Standard [January 2022]]
- September 2021 [Standard - Standard [September 2021]]
- May 2021 [Standard - Standard [May 2021]]
- January 2021 [Standard - Standard [January 2021]]
- September 2020 [Standard - Standard [September 2020]]
- May 2020 [Standard - Standard [May 2020]]
- January 2020 [Standard - Standard [January 2020]]
- September 2019 [Standard - Standard [September 2019]]
- May 2019 [Standard - Standard [May 2019]]
- January 2019 [Standard - Standard [January 2019]]
- September 2018 [Standard - Standard [September 2018]]
- May 2018 [Standard - Standard [May 2018]]
- January 2018 [Standard - Standard [January 2018]]
- September 2017 [Standard - Standard [September 2017]]
- May 2017 [Standard - Standard [May 2017]]
Standard Offering Enrolment opens: 19/03/2023 Semester start: 15/05/2023 Subject start: 15/05/2023 Cancellation 1: 29/05/2023 Cancellation 2: 05/06/2023 Last enrolment: 28/05/2023 Withdraw - Financial: 10/06/2023 Withdraw - Academic: 01/07/2023 Teaching census: 09/06/2023
|Withdraw - Financial:||10/06/2023|
|Withdraw - Academic:||01/07/2023|