In this subject, students gain a thorough introduction to the main macroeconomic problems facing modern economies. The subject develops a framework for understanding these problems and examines the major policy tools used to deal with them. Topics covered include unemployment; inflation; determination of national income; monetary policy; and fiscal policy. The subject also deals with models of consumption and investment spending and problems which arise in attempting to estimate these models for economies like Australia. Linkages with the international market are also considered.
2008 contribution for post-2008 Commonwealth-supported students: $1,062.38
Note: Students who commenced prior to 1 January 2008 should consult the Student contribution charges for Commonwealth supported students
Not all students are eligible for Commonwealth Supported places.
2008 amount for undergraduate domestic fee-paying students: $2,346.00
Note: Fees for Postgraduate domestic fee-paying students and international students are charged according to the course they are enrolled in. Students should refer to the Annual Fees Schedule.
Subject EFTSL: 0.125