Macroeconomic Techniques

Subject ECON40005 (2016)

Note: This is an archived Handbook entry from 2016.

Credit Points:	12.5
Level:	4 (Undergraduate)
Dates & Locations:	This subject is not offered in 2016.
Time Commitment:	Contact Hours: Three hours of lectures per week Total Time Commitment: Not available
Prerequisites:	Admission into BH-COM or BH-ARTS (Economics) and both of the following: Subject Study Period Commencement: Credit Points: ECON30020 Mathematical Economics Semester 2 12.50 ECON40002 Advanced Macroeconomics Semester 1 12.50
Corequisites:	None
Recommended Background Knowledge:	Please refer to Prerequisites and Corequisites.
Non Allowed Subjects:	Students may not gain credit for both ECON40005 Macroeconomic Techniques and ECON90021 Macroeconomic Techniques.
Core Participation Requirements:	For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry. It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Subject Overview:	Introduction to recent developments in macroeconomics. Students will learn how to formulate and solve stochastic dynamic economic models and to apply these techniques to a number of substantive issues in consumption, asset pricing, business cycle theory, monetary economics, and labour economics.
Learning Outcomes:	Information not available.
Assessment:	A 1.5-hour mid-semester examination (20%), 3-hour final examination (50%) and class assignments of up to 3000 words (30%).
Prescribed Texts:	You will be advised of prescribed texts by your lecturer.
Breadth Options:	This subject is not available as a breadth subject.
Fees Information:	Subject EFTSL, Level, Discipline & Census Date
Generic Skills:	High level of development: problem solving; statistical reasoning; interpretation and analysis; critical thinking. Moderate level of development: written communication; collaborative learning; team work; application of theory to practice; evaluation of data and other information; use of computer software; receptiveness to alternative ideas. Some level of development: oral communication; synthesis of data and other information; accessing data and other information from a range of sources.