Students
ECON6050 – Applied Economic Analysis
2021 – Session 1, Special circumstances
Notice
As part of Phase 3 of our return to campus plan, most units will now run tutorials, seminars and other small group activities on campus, and most will keep an online version available to those students unable to return or those who choose to continue their studies online.
To check the availability of face-to-face and online activities for your unit, please go to timetable viewer. To check detailed information on unit assessments visit your unit's iLearn space or consult your unit convenor.
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Wylie Bradford
|
|---|---|
| Credit points |
Credit points
10
|
| Prerequisites |
Prerequisites
Admission to MAppEcon
|
| Corequisites |
Corequisites
ECON6049
|
| Co-badged status |
Co-badged status
|
| Unit description |
Unit description
This unit builds on the foundations provided by ECON6049 to develop the technical and analytical aspects of intermediate economics, with a focus on policy and application. The unit introduces students to the behaviour of individuals, businesses and governments in contemporary economic settings, and provides a deeper understanding of how the economy works as an integrated whole. In so doing it allows students to understand economic policy and apply it to specific contexts, utilising a wide range of models to investigate contemporary economic issues, drawn domestically and internationally. |
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: Explain how economic concepts can be applied to a variety of economic problems and issues.
- ULO3: Select, justify and utilise appropriate language and analytical structure to formulate appropriate solutions to complex economic issues.
- ULO2: Critically evaluate the applicability of economic theory to real world challenges.
- ULO4: Analyse and frame contemporary issues and challenges facing society, business and government.
Assessment Tasks
| Name | Weighting | Hurdle | Due |
|---|---|---|---|
| Applications | 40% | No | Weeks 5,10 |
| Discussion Blog | 30% | No | Fortnightly, starting Week 3 |
| Case Study Presentation | 30% | No | Weeks 7,13 |
Applications
Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 40 hours
Due: Weeks 5,10
Weighting: 40%
There will be two 1,000 word reports, with a focus on contemporary issues drawn from domestic and international examples.
On successful completion you will be able to:
- Explain how economic concepts can be applied to a variety of economic problems and issues.
- Select, justify and utilise appropriate language and analytical structure to formulate appropriate solutions to complex economic issues.
- Critically evaluate the applicability of economic theory to real world challenges.
- Analyse and frame contemporary issues and challenges facing society, business and government.
Discussion Blog
Assessment Type 1: Reflective Writing
Indicative Time on Task 2: 20 hours
Due: Fortnightly, starting Week 3
Weighting: 30%
Every two weeks, students are required to make a brief individual blog entry on iLearn, reflecting on the topic, material and discussions. There will be a total of six blogs.
On successful completion you will be able to:
- Explain how economic concepts can be applied to a variety of economic problems and issues.
- Select, justify and utilise appropriate language and analytical structure to formulate appropriate solutions to complex economic issues.
- Critically evaluate the applicability of economic theory to real world challenges.
Case Study Presentation
Assessment Type 1: Presentation
Indicative Time on Task 2: 25 hours
Due: Weeks 7,13
Weighting: 30%
There will be two occasions during the session when students are required to submit a video presentation. One will be drawn from microeconomics, and the other, from macroeconomics. Students are expected to draw on economic theory and knowledge to address contemporary challenges.
On successful completion you will be able to:
- Explain how economic concepts can be applied to a variety of economic problems and issues.
- Select, justify and utilise appropriate language and analytical structure to formulate appropriate solutions to complex economic issues.
- Critically evaluate the applicability of economic theory to real world challenges.
- Analyse and frame contemporary issues and challenges facing society, business and government.
1 If you need help with your assignment, please contact:
- the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
- the Writing Centre for academic skills support.
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Delivery and Resources
Lectures will be recorded and there will be a Zoom workshop held weekly.
Policies and Procedures
Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). 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
Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.
Student Code of Conduct
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/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
Student Support
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to help you improve your marks and take control of your study.
The Library provides online and face to face support to help you find and use relevant information resources.
Student Services and Support
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
Student Enquiries
For all student enquiries, visit Student Connect at ask.mq.edu.au
If you are a Global MBA student contact globalmba.support@mq.edu.au
IT Help
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Changes from Previous Offering
This is the first offering of this unit.
Unit information based on version 2021.02 of the Handbook