Macroeconomic Policy in the Asia-Pacific

Course code GECO6400Units 10Level 6000Faculty of Business and LawNewcastle Business School

Introduces students to the basis elements of Macroeconomics which lead to an understanding of how output, employment and national income are determined. Explains how the international economy impacts on business activity in the domestic economy. Examine the role of government and demonstrates how this affects the business sector. Emphasis will be placed on a critical understanding of the state of national economics of the Asia Pacific region.

Not available in 2014

Previously offered in 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004
ObjectivesOn successful completion of this course, students should be able to:
1. Interpret the meaning and implications for business of economic indicators from government and business media reports.
2. Use economic indicators to assess risks and opportunities for business investment.
3. Critically evaluate the relevance of various macroeconomic models for issues relevant to business and public policy decisions.
4. Identify common features of the national economies of the Asia-Pacific.
5. Explain the implications of distinctive features of different economies in the Asia-Pacific region.
6. Explain the role of government policy in stabilising the business cycle.
7. Learn to work collaboratively to produce a written report and present findings at a professional standard
ContentTopics will include the development of a basic demand determined macroeconomic model of national income and employment, analysis of the trade sector and exchange rate determination: the role of government policy in stabilizing the business cycle. These will be integrated with case studies of selected national economies of the Asia-Pacific.
Replacing Course(s)GECO6400 Macroeconomics & Policy 10 Units
Industrial Experience0
Assumed KnowledgeNil
Modes of DeliveryExternal Mode
Flexible Delivery / Student Centred Learning
Internal Mode
Teaching MethodsLecture
Tutorial
Assessment Items
Examination: Formal
Case Scenario/PBL exercises
Presentations - Group
Quiz - Class
Contact HoursLecture: for 3 hour(s) per Week for Full Term