Abstract

This subject focuses on the study of macroeconomics to encompass a model of an open economy such as Australia. Emphasis is placed on the relationship between the goods and financial sectors of the Australian economy, and the impact of various internal and external shocks to the domestic economy and its … For more content click the Read More button below.

Syllabus

the basics of macroeconomic analysis.;the supply side analysis (labour market, AD-AS model, money growth and economic activities);role of expectations;open economy; andmacroeconomic problems and policies.

Assumed knowledge

ECO130 or ECO110 and (ECO120 or ECO100)