Students
ECON8014 – Applied Macroeconomic Policy
2020 – Session 1, Weekday attendance, North Ryde
Coronavirus (COVID-19) Update
Due to the Coronavirus (COVID-19) pandemic, any references to assessment tasks and on-campus delivery may no longer be up-to-date on this page.
Students should consult iLearn for revised unit information.
Find out more about the Coronavirus (COVID-19) and potential impacts on staff and students
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Ben Wang
4ER 443
TBA
|
|---|---|
| Credit points |
Credit points
10
|
| Prerequisites |
Prerequisites
ECON633 or ECON6033 or ECON649 or ECON6049 or ECON991 or ECON8091
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| Corequisites |
Corequisites
|
| Co-badged status |
Co-badged status
ECON7014
|
| Unit description |
Unit description
The objective of this unit is to investigate macroeconomic policies that are important to the aggregate economy. These policies may include monetary policies, fiscal policies, macro-prudential policies and exchange rate policies. We will use the workhorse models in macroeconomics to analyse the implications of these policies. Issues in policy designs are then discussed, particularly in regard to the global financial crisis of 2008–2009. Industry researchers will be engaged to discuss the industry perspective on these policies. |
Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- ULO1: Critically evaluate the relationship between macroeconomic policies and key macroeconomic indicators, such as inflation, growth, interest rates, and stock market indices.
- ULO2: Evaluate key macroeconomic policies, their objectives and instruments faced by practitioners and economists.
- ULO3: Apply knowledge of the dynamic path of key economic variables in response to macroeconomic policies in order to communicate the analysis to a diverse audience.
- ULO4: Use knowledge of key trade-offs to appreciate the limits of macroeconomic policies.
Assessment Tasks
Coronavirus (COVID-19) Update
Assessment details are no longer provided here as a result of changes due to the Coronavirus (COVID-19) pandemic.
Students should consult iLearn for revised unit information.
Find out more about the Coronavirus (COVID-19) and potential impacts on staff and students
Delivery and Resources
Coronavirus (COVID-19) Update
Any references to on-campus delivery below may no longer be relevant due to COVID-19.
Please check here for updated delivery information: https://ask.mq.edu.au/account/pub/display/unit_status
Required and Recommended Texts and/or Materials
There is no required textbook for this course. The following are suggested readings from which some lecture material will be based:
Olivier Blanchard & Jeffrey Sheen Macroeconomics Pearson, 4th Australasian edition, 2013
Jordi Gali, Monetary Policy, Inflation and the Business Cycle, Princeton Press, Second edition 2015
Michael Wickens Macroeconomic Theory Princeton Press, Second edition
Carl E Walsh, Monetary Theory & Policy MIT Press, 3rd ed , 2010
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Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
- Academic Appeals Policy
- Academic Integrity Policy
- Academic Progression Policy
- Assessment Policy
- Fitness to Practice Procedure
- Grade Appeal Policy
- Complaint Management Procedure for Students and Members of the Public
- Special Consideration Policy (Note: The Special Consideration Policy is effective from 4 December 2017 and replaces the Disruption to Studies Policy.)
Students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Student Code of Conduct
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
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