ECB2330 · Macroeconomic policy

Overview

This unit explores the role of macroeconomic policy in shaping economic performance and stability. You will examine key indicators such as GDP, inflation, and unemployment, and apply core macroeconomic models — including the AD-AS model and the Solow growth model — to evaluate the relationship between key macroeconomic variables. Emphasis is placed on understanding fiscal and monetary tools, their effectiveness in various contexts, and their broader social, ethical, and global implications.

Offerings

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. apply macroeconomic models to evaluate the effectiveness of fiscal and monetary policy in achieving macroeconomic objectives
2. critically assess the impacts of current domestic and global economic shocks on national economic performance and policy responses
3. interpret and analyse macroeconomic indicators and policy measures using data and evidence, drawing insights from historical trends and current debates
4. communicate informed perspectives on macroeconomic policy, using economic reasoning and diagrams to support analysis in both academic and applied business contexts.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.