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Level of study: What does Undergraduate Level 1 mean?
Undergraduate Level 1
EFTSL: What does EFTSL mean?
Delivery Method: What does delivery method mean?
Prerequisites: What are the prerequisites?
Availability: What is a Study period?For enrolment (2012): For forward planning* (2013): What is Forward Planning?
- Domestic student fee:
- $1,178.00 (AUD)
- HECS student fee:
- $1,178.00 (AUD)
- International student fee:
- $1,403.00 (AUD)
This unit is an introduction to macroeconomics and includes topics such as: the economy over time, fundamental relationships in the macroeconomy; the introduction of simple macroeconomic models; the simple aggregate demand/aggregate supply model of the macroeconomy; money; the open economy; economic policy; contemporary economic issues.
- Other special requirement — To obtain a pass grade overall students will normally need to achieve at least 40% in the final examination.
- Assignment 1 — Online test (20%)
- Assignment 2 — Applied writing 2500 words (20%)
- Invigilated Exam — 3 hrs (60%)
The aim of this unit is to familiarise students with fundamental macroeconomic principles and the Australian economy in an international economic setting.
At the completion of this unit students will be able to:
- describe, explain and apply basic macroeconomic terms and concepts
- use simple macroeconomic models to interpret the Australian economy
- explain the macroeconomic environment in Australia
- use simple macroeconomic models to analyse the impact of changes in the economy
- evaluate current macroeconomic events, policy issues and debates from an economic perspective.
This unit addresses the following topics.
|1||Macroeconomics and national objectives|
|2||Spending in the economy|
|4||The aggregate demand and supply model|
|5||Money and the financial system|
|6||Australia in the international economy|
|7||Demand management policies and feedbacks|
This unit is delivered using the following methods and materials:
- Chat rooms
- Discussion Forum/Discussion Board
- Embedded Multimedia
- Online Quizzes/Tests
- Online assignment submission
- Standard Media
- Web links
Print based materials
- Study Guide
- Welcome Letter
- Audio/Video - Streaming
- Online Assessment
- Printable format materials
Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.
Click on the titles of the listed books below to find out more:
Supplier:Go to Unibooks
This unit is a core requirement in the following courses:
- Bachelor of Commerce (Sport Management), Curtin University
- Bachelor of Business (Financial Planning), RMIT University
- Bachelor of Business (Logistics and Supply Chain Management), RMIT University
This unit is part of a major, minor, stream or specialisation in the following courses:
This unit is an approved elective in the following courses:
- Bachelor of Business, Swinburne University of Tnlgy
- Bachelor of Technology (Information Systems), Swinburne University of Tnlgy
- Bachelor of Accounting, University of South Australia
This unit may be eligible for credit towards other courses:
- Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
- In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Unibooks textbook list.
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