Macroeconomics is concerned with the operation of the economy as a whole, with attention paid to such things as unemployment, inflation, and interest rates, determination of the level of national income, savings and investment, and the exchange rate and the current account of the balance of payments. The course develops a consistent model of the economy to explore the interactions of key macroeconomic markets and variables and to examine the impacts of different kinds of shocks to the economy and the role of government budgetary and monetary policy in influencing the level of economic activity.

• 20 Marks for the Best Four Tutorial Tests
• 20 Marks for the Mid-Semester Examination
• 60 Marks for the Final End-of-Semester Examination

Three lectures a week with tutorials

(NB Summer School will be offered in intensive mode)

Completion of or concurrent enrolment in ECON1101 Microeconomics 1.

(Note that only students who have previously attempted ECON1102 may attempt the course during the Summer School session)

Incompatible with ECON1100 Economics 1 (H) and ECON1001/1011 Economics I (P or H).

See Course Website:  http://ecocomm.anu.edu.au/courses/course.asp?code=ECON1102

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON1102