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BX2022 - Macroeconomic Policy
Credit points: |
3 |
Year: |
2023 |
Student Contribution Band: |
Band
4 |
Administered by: |
College of Business, Law & Governance |
Available to all JCU students although it is assumed that those who choose to enrol
have a sound understanding of introductory economic principles.
Changes to the interest rate or government expenditure levels intend to change business
and consumer behaviour. The sought-after skill to correctly anticipate such changes
requires an in-depth knowledge of monetary and fiscal policy, which this subject provides.
The subject evaluates the views of various schools of thought on the desirability
of conducting monetary and fiscal policy using current real world policy dilemmas.
The subject provides important skills to students in economics, to students interested
in international trade and to students interested in banking and finance.
Learning Outcomes
- apply theoretical models to demonstrate the effects of fiscal and monetary policy
in a closed or open economy;
- identify the trade-offs that governments and central banks must negotiate when conducting
fiscal and monetary policy and predict their decisions;
- select, analyse and interpret macroeconomic (national accounts) data for a selected
country to advise whether its current fiscal and monetary policy stance is appropriate.
Subject Assessment
- Written > Examination (centrally administered) - (40%) - Individual
- Written > Test/Quiz 1 - (35%) - Individual
- Oral > Presentation 1 - (25%) - Individual.
Prerequisites: |
BU1003 OR BU1903 OR EC1005 OR EC1001 |
Inadmissible Subject Combinations:
|
EC5206 EC2000 |
Availabilities
|
JCU Singapore,
Study Period 52,
Internal
|
Census Date 03-Aug-2023 |
Workload expectations: |
The student workload for this
3
credit point subject is approximately
130 hours.
- 20 hours lectures - may include recorded presentations, online activities, self-learning activities inclusive
of lectures, via LearnJCU
- 20 hours tutorials - may include recorded presentations, online activities, self-learning activities inclusive
of synthesising sessions, via LearnJCU
- assessment and self-directed study
|
|
|
Townsville,
Trimester 3,
Mixed attendance
|
Census Date 05-Oct-2023 |
Face to face teaching
(to be advised)
|
Coord/Lect: |
Assoc. Professor Riccardo Welters. |
Workload expectations: |
The student workload for this
3
credit point subject is approximately
130 hours.
- 20 hours workshops
- 10 hours online activity - Recordings, online activities and self-directed learning
- 10 hours online Tutorials - Online Collaborate sessions
- assessment and self-directed study
|
|
|
Trimester 3,
External
|
Census Date 05-Oct-2023 |
Coord/Lect: |
Assoc. Professor Riccardo Welters. |
Workload expectations: |
The student workload for this
3
credit point subject is approximately
130 hours.
- 30 hours online activity - Recording, online activities and self-directed learning
- 10 hours online Tutorials - Online collaborate sessions
- assessment and self-directed study
|
Method of Delivery: |
WWW - LearnJCU |
|
|
Note:
Minor variations might occur due to the continuous Subject quality improvement process,
and in case
of minor variation(s) in assessment details, the Subject Outline represents the latest
official information.