316-403 Advanced Macroeconomics

Credit Points

12.5

HECS Band

2

Coordinator

Professor I McDonald

Prerequisites

316-312 Macroeconomics.

Semester

1 (view timetable)

Contact

Three hours of lectures, seminars and tutorials 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 end-of-semester examination (80%) and class assignments totalling not more than 2000 words (20%).



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