316-403 Advanced Macroeconomics

Credit Points

12.5

HECS Band

2

Coordinator

Professor I McDonald

Prerequisites

316-312 Macroeconomics.

Semester

1 (view timetable)

Contact

Lectures, seminars and tutorials totalling three hours per week

Subject Description

This subject presents recent developments in macroeconomics. There will be a mix of theory and applications. The main theories to be covered may include overlapping generations models, real business cycle theory, new Keynesian models, intertemporal open economy models and the theory of economic growth. Various theories will be illustrated using examples drawn from domestic and international policy issues, as appropriate.

Assessment

A 3-hour final examination (70%) and class assignments of up to 3000 words (30%).



Status:                   Official 2002
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