This course is designed in the format of lecture-reading-seminar. The lecturer discusses recent developments in macroeconomic theory and policy applications with respect to long-run economic growth (theories and empirics), business cycles, inflation, unemployment, dynamics of exchange rates and the balance-of-payments; provides a list of core readings (including journal articles) on selected topics; and leads discussion on macroeconomic stabilisation policy issues in the light of real world developments with an international focus. The students study the readings, prepare research essays on selected topics and make in-class presentations.
- Semester 1 - 2015
1. Demonstrate an understanding of macroeconomic theories and principles
2. Demonstrate familiarity with research questions and issues and the skills for investigation of contemporary macroeconomic policy issues to draw policy implications especially for countries in the Asia-Pacific.
Lecture topics include but are not restricted to the following:
- Post war macroeconomic theories and principles
- Monetary Theory & the Conduct of Monetary Policy
- Budget deficits, fiscal policy and debt sustainability
- Supply Side Reforms
- Wage Share & Growth
- Sustainable Full Employment
This course is only available to students enrolled in the Bachelor of Commerce (Honours) program.
Bachelor's degree or equivalent in economics.
Presentation: Article Reviews and Presentations
Case Study / Problem Based Learning: Written Case study and Presentation
Face to Face On Campus 2 hour(s) per Week for Full Term