Pretty easy, overall.
By taking this course the student will be able to interpret recent movements in key economic indicators of the Australian and other economies and appreciate some of the definitional and measurement problems associated with the available data.
aggregation problems; partial equilibrium and general equilibrium analysis; the circular flow of income as a general equilibrium model; the mutual dependence of financial flows and flows of goods and services; sectoral composition of aggregate demand; business and investment behaviour; government spending and taxation; external balance and determination of current and capital accounts; labour market and aggregate supply; money, credit, and the conduct of monetary policy; inflation and unemployment; macroeconomic effects of deregulation in Australia.
Hours per week:
Advice for students:
the course requires basic math knowledge