Key facts
UNE unit code: ECON409
*You are viewing the 2024 version of this unit which may be subject to change in future.
- Trimester 1 - On Campus
- Trimester 1 - Online
- Armidale Campus
- Yes
- No
- No
- 6
Unit information
Enhance your understanding of advanced models and in theories in macroeconomics to add value to your career in the field of economics and business.
You will critically examine modern workhorse theories and associated policy prescriptions in a fast-changing business world.
You will develop an in-depth understanding of the interplay between macroeconomic theory and modelling, where you can simulate for different scenarios to help with your decision-making in real world situations.
This unit assumes you have an undergraduate background in macroeconomics and differential calculus.
Offerings
For further information about UNE's teaching periods, please go to Principal Dates.
| Teaching period | Mode/location |
|---|---|
| Trimester 1 | On Campus, Armidale Campus |
| Trimester 1 | Online |
*Offering is subject to availability
Intensive schools
There are no intensive schools required for this unit.
Enrolment rules
Notes
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- demonstrate a professional understanding of macroeconomic issues such as business cycles, financial crises, unemployment, inflation, monetary and fiscal policies;
- critically evaluate the consequences of how monetary and fiscal policies can affect macroeconomic variables over time and their interplay with financial system;
- critically evaluate the theoretical underpinnings of various macro dynamic models using mathematics; and
- conduct research in the area of macroeconomic modelling of policy formulations and forecasting.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
| Title | Must Complete | Weight | Offerings | Assessment Notes |
|---|---|---|---|---|
| Assignment 1 | Yes | 20% | All offerings | Problem solving No. Words: 1500 |
| Assignment 2 | Yes | 20% | All offerings | Problem solving No. Words: 1500 |
| Assignment 3 | Yes | 20% | All offerings | Problem solving No. Words: 1500 |
| Take-home Exam | Yes | 40% | All offerings | Students must obtain at least 50% in the exam (and at least 50% overall) to receive a pass (or better) in the unit. No. Words: 1700 |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Textbook information will be displayed approximately 8 weeks prior to the commencement of the teaching period. Please note that textbook requirements may vary from one teaching period to the next.
A five-star experience
Five Stars,
18 Years in a Row
UNE is the only public uni in Australia awarded 18 straight years of five stars for Overall Experience
Good Universities Guide 2007-2024
No.1 in NSW for
Student Experience
QILT (government-endorsed) ranks UNE as the top public NSW uni for Student Experience
QILT Student Experience Survey
Five Stars for
Teaching Quality
UNE rates among the top 20 per cent of universities in Australia for Teaching Quality
Good Universities Guide 2024
Studying online
At UNE we know it takes more than just being online to be a great online university. It takes time and experience. We pioneered distance education for working adults back in the 1950s, so we’ve been doing this longer than any other Australian university.
We understand the challenges faced by busy adults studying at home. We know that a vital part of online study is your engagement with the learning community. Communication with your classmates, teaching staff and university support staff will enhance your study experience and ensure that your skills extend beyond the subject matter. UNE’s teaching staff are experts in their field which is why UNE consistently receives five stars from students for teaching quality, support and overall experience.*
*The Good Universities Guide
Stay connected
Register your interest and we'll keep you updated
Why study with us?
I'm grateful to UNE for the opportunities studying has given me, but above all, for making me realise I could actually do it, and giving me a sense of accomplishment.
What happens next?
Got any questions about a course you would like to study? Don’t hesitate to contact us, our Future Student team is standing by to help.
2024 applications are now open. The application process only takes 20 minutes to complete. Don’t delay, apply now!
Your start date is based on the study period you choose to apply for.
