BX2022 - Macroeconomic Policy

Credit points:	03
Year:	2016
Student Contribution Band:	Band 3
Administered by:	College of Business, Law & Governance

Available to all JCU students although it is assumed that those who choose to enrol have a sound understanding of introductory economic principles.

This subject provides a theoretical and conceptual extension to BU1003 of which prior knowledge is assumed. As such, it examines the theoretical foundations of monetary and fiscal policy and their implications for inflation and unemployment, interest and exchange rates, money demand and supply, trade and the balance of payments, consumption, investment and government expenditure, aggregate demand and supply. Current real world policy issues are evaluated in view of the various contributing theories and schools of thought, and a research assignment requiring policy scenario evaluations is included.

Learning Outcomes

• demonstrate broad and coherent theoretical and technical knowledge with depth in macroeconomic policy;
• interpret (and calculate with) macroeconomic (national accounts) data;
• select and use appropriate on-line technologies.

Prerequisites:	BU1003 OR BU1903 OR EC1005 OR EC1001
Inadmissible Subject Combinations:	EC5206 EC2000

Availabilities
Townsville, Internal, Study Period 2
Census Date 25-Aug-2016
Coord/Lect:	Dr Hong-Bo Liu.
Contact hours:	38 hours - Combined Lectures; Tutorials/Workshops; Lecturer directed activities.
Assessment:	end of semester exam (40%); assignments (30%); test/quiz (20%); debate (10%).
External, Study Period 2
Census Date 25-Aug-2016
Coord/Lect:	Dr Hong-Bo Liu.
Contact hours:	0 hours
Method of Delivery:	WWW - LearnJCU
Assessment:	end of semester exam (40%); assignments (30%); test/quiz (20%); debate (10%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.