Handbook 1996 : Faculty of Economics and Commerce (Volume 3 page 197)
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316-201 Intermediate Macroeconomics

Year 2 Economics.

Note: 316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics together form the second-year component of a specialisation in economics.

Credit points: 12.5

Coordinator: Professor I McDonald.

Prerequisite: Introductory Macroeconomics and Introductory Micro-economics.

Contact: Two 1-hour lectures and a 1-hour tutorial a week.

• Objectives: On completion of this subject students should:
• understand the derivation of IS-LM curves;
• understand models of the labour market and possible relationships between unemployment and inflation;
• understand models of the balance of payments and the determination of international capital movements;
• be able to critically evaluate macroeconomic policy proposals.

Timetable: Second semester

Content:

Intermediate level macroeconomics. Topics include the theory of aggregate demand, the concept of full employment, the determination of the level of unemployment, inflation, the balance of trade and international capital movements.

Assessment:

A 2-hour end-of-semester examination and a mid-semester multiple choice test. The final mark will be calculated by weighting the end-of-semester exam at 80 per cent and the mid-semester test at 20 per cent OR by weighting the end-of-semester exam at 100 per cent, whichever gives the higher mark.

Prescribed texts:

• Macroeconomics Workbook McDonald, I. , (Jacaranda Willey)

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Handbook 1996 : Faculty of Economics and Commerce (Volume 3 page 197)

Status:          Official 1996
Date created:    Oct  9 1995
Last modified:   Oct  9 1995
Authorised by:   Academic Registrar
Email enquiries: Course_Information@registrar.unimelb.edu.au

Copyright © University of Melbourne 1995,1996.