| Offered By: |
School of Economics |
| Academic Career: |
Graduate Coursework |
| Course Subject: |
Economics |
| Offered in: |
First Semester, 2008 |
| Unit Value: |
6 units |
| Course Description: |
The aim of this course is to present major theories concerning some central questions in macroeconomics: growth, unemployment, inflation and fluctuations. Each lecture presents one model, usually using inter-temporal models with micro-foundations and rational expectations. |
| Learning Outcomes: |
Ability to (i) understand interplay between data and model; (ii) understand and construct precise and coherent models; (iii) appreciate shortcomings of model and provide improvements; (iv) understand frontier research in macroeconomics; (v) apply theory to policy analysis and advice. |
| Indicative Assessment: |
Assessment structure The assessment structure is xed as follows: 1. Tutorial problem sets/assignments (10%) { Up to 5 compulsory problem sets, and if time permits, some computer-related problems. You are encouraged to form study groups but you must submit individual answers. 2. Group presentation (10%) { You will be asked to read a recent journal or working paper, write a critical referee report and present your report. 3. Mid semester exam (20%) 4. Final exam (60%) |
| Workload: |
12 hours per week |
| Course Classification(s): |
|
| Areas of Interest: |
Economics |
| Eligibility: |
You are expected to have adequate mathematical skills (e.g. linear algebra, calculus, basic probability and statistics) at the high-school and/or rst-year mathematics level. If you have forgotten these skills, you must brush up on them before the semester begins. There is also a summer mathematics refresher course available from the School of Economics. |
| Prescribed Texts: |
See Course Outline: http://teaching.fec.anu.edu.au/ECON8022/2008/SYLLABUS/syllabus2008.pdf |
| Preliminary Reading: |
See Course Outline: http://teaching.fec.anu.edu.au/ECON8022/2008/SYLLABUS/syllabus2008.pdf |
| Indicative Reading List: |
See Course Outline: http://teaching.fec.anu.edu.au/ECON8022/2008/SYLLABUS/syllabus2008.pdf |
| Programs: |
Graduate Diploma in Applied Economics, Master of Economic Policy, Master of Applied Economics, Master of Economics of Development, Graduate Diploma in Economic Policy, Master of Economics, Master of Environmental and Resource Economics, Graduate Diploma in Economics, and Master of Health Economics |
| Other Information: |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8022 |
| Academic Contact: |
See http://teaching.fec.anu.edu.au/ECON8022/ |
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