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ECON13-302: Business Conditions Analysis

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

Type: Undergraduate Subject
Code: ECON13-302
EFTSL: 0.125
Faculty: Bond Business School
Semesters offered:
  • May 2023 [Standard Offering]
  • May 2024 [Standard Offering]
Credit: 10
Study areas:
  • Business, Commerce, and Entrepreneurship
Subject fees:
  • Commencing in 2023: $4,050.00
  • Commencing in 2024: $4,260.00
  • Commencing in 2023: $5,400.00
  • Commencing in 2024: $5,730.00

Learning outcomes

  1. Evaluate the key differences between the short-run and long-run macroeconomic models through IS-LM framework.
  2. Demonstrate knowledge of monetary and fiscal policies which influence the business conditions during recessions and expansions.
  3. Demonstrate understanding of classical and neo-classical growth models.
  4. Show proficiency in creating a written report demonstrating a deep understanding of fundamental macroeconomic concepts.
  5. Demonstrate an understanding of the ethical considerations related to contemporary issues in monetary policy around the world.

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:

Subject dates

  • 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
  • Standard Offering
    Enrolment opens: 17/03/2024
    Semester start: 13/05/2024
    Subject start: 13/05/2024
    Cancellation 1: 27/05/2024
    Cancellation 2: 03/06/2024
    Last enrolment: 26/05/2024
    Withdraw - Financial: 08/06/2024
    Withdraw - Academic: 29/06/2024
    Teaching census: 07/06/2024
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