ECC1100: Principles of macroeconomics

Overview

This unit introduces you to macroeconomics, from the leading schools of thought and the microeconomic underpinnings to policy analysis. You will develop a broad understanding of the various indicators of macroeconomic performance of a country, such as inflation, unemployment and economic growth, as well as their interrelation, strengths and deficiencies. The role of monetary and fiscal policy in business cycles and economic growth is studied in the context of the current macroeconomic challenges.

Assessment

1 - Within semester assessment - 40% 2 - Examination - 60%

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.

Global challenges

Our Strategic Plan, Impact 2030, charts the path for how Monash will actively respond to climate change, preserving geopolitical security and fostering thriving communities over the next decade. Read more

This unit covers content related to the following Global Challenges:

Thriving Communities