James Cook University Subject Handbook - 2019

EC5206 - Macroeconomic Policy

Credit points: 03
Year: 2019
Student Contribution Band: Band 3
Administered by:

This subject focuses on the macro economy. That is, it considers 'big picture', economy issues such as: inflation, unemployment, interest rates, exchange rates, economic growth, monetary and fiscal policy. It examines data and models (from a variety of schools of thought) that describe: (a) the way in which the economy works in the short to medium term; (b) the way in which it responds to 'shocks' - such as the global financial crisis - and (c) the way in which governments can attempt to ameliorate some of the effects of 'shocks' (e.g. inflation, unemployment) through the use of fiscal and monetary policy. Long-term issues are discussed in the subject "economic growth and sustainable development". The subject is tailored to students who (envision to) work at a position that requires advanced economics skills.

Learning Outcomes

Assumed
Knowledge:
Introductory subjects in Economics and Statistics
Inadmissible
Subject
Combinations:
EC2000 and BX2022

Availabilities

Townsville, , Study Period 2
Census Date 29-Aug-2019
Contact hours:
  • 26 hours
  • 24 hours - Tutorials/Seminars
  • 3 hours
    Assessment:end of semester exam (30%); essays (40%); mid semester test (20%); individual presentation (10%).

    , Study Period 2
    Census Date 29-Aug-2019
    Contact hours:
    • 0 hours
      Method of Delivery:WWW - LearnJCU
      Assessment:end of semester exam (30%); essays (40%); mid semester test (20%); individual presentation (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.