ECON8022 Macroeconomic Theory (Master)

ECON8022 is only available under certain award programs.

Offered By	School of Economics
Academic Career	Graduate Coursework
Course Subject	Economics
Offered in	First Semester, 2011 and First Semester, 2012
Unit Value	6 units
Course Description	This course introduces contemporary theory for examining central questions in macroeconomics: growth, unemployment, inflation and fluctuations. Each lecture presents one model, usually using inter-temporal models with micro-foundations and rational expectations.
Learning Outcomes	Ability to (i) understand interplay between data and model; (ii) understand and construct precise and coherent models; (iii) appreciate shortcomings of model and provide improvements; (iv) understand frontier research in macroeconomics; (v) apply theory to policy analysis and advice.
Indicative Assessment	The assessment structure is as follows: Tutorial problem sets/assignments (10%) { Up to 5 compulsory problem sets, and if time permits, some computer-related problems. You are encouraged to form study groups but you must submit individual answers. Group presentation (10%) { You will be asked to read a recent journal or working paper, write a critical referee report and present your report. Mid semester exam (20%) Final exam (60%)
Workload	12 hours per week
Course Classification(s)	AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs.
Areas of Interest	Economics
Eligibility	You are expected to have adequate mathematical skills (e.g. linear algebra, calculus, basic probability and statistics) at the high-school and/or rst-year mathematics level. If you have forgotten these skills, you must brush up on them before the semester begins. There is also a summer mathematics refresher course available from the School of Economics.
Prescribed Texts	See Course website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8022
Preliminary Reading	See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8022
Indicative Reading List	See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8022
Programs	Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economics, Graduate Diploma in Economics, Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Master of Applied Economics, Master of Economics, Master of Applied Economics, Master of Economic Policy, Master of Health Economics, Master of Economic Policy, Master of Economics, Master of Environmental and Resource Economics, Master of Health Economics, and Master of Environmental and Resource Economics
Other Information	For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8022
Academic Contact	See http://teaching.fec.anu.edu.au/ECON8022/

The information published on the Study at ANU 2011 website applies to the 2011 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2010 website.