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BBA214: Applied Macroeconomics

Applied macroeconomics is about the big picture issues that impact households, businesses and governments. Topics covered include: the mainsprings of national economic success; measuring the economy; the business cycle; macroeconomic forecasting; fiscal and monetary policy; the balance of payments; exchange rates; the international monetary system; employment and welfare policy; saving and investment; 'grey' economics; and macroeconomic aspects of finance. The unit emphasises practical issues. Having completed this unit, students understand macroeconomic terminology and be familiar with the main macroeconomic data sources such as the Australian Bureau of Statistics and the Reserve Bank of Australia. This unit teaches students to participate with confidence in debates on macroeconomic issues, such as the pros and cons of stimulus packages as a way to cushion recessions. The broad approach to teaching and learning in applied macroeconomics is to combine institutional analysis, theoretical analysis and practical examples.

Credit Points: 3
Contact Hours: 3
When Offered:

D1 - Day; Offered in the first half-year

Staff Contact(s): Mr Alex Blair
Prerequisites:

15cp and (ECON110 or BBA103)

Corequisites:

NCCW(s): ECON214
Unit Designation(s):

Commerce; Economics

Assessed As: Graded
Offered By:

Department of Economics

Timetable Information

For unit timetable information please visit the Timetables@Macquarie Website .

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