ECF1200: Macroeconomics (Monash University)

Overview:

This unit uses aggregate demand and supply analysis as a tool for identifying and explaining the business cycle, output growth employment, inflation and the current account deficit. The investigation will illustrate the impact of the macroeconomy on decisions by firms and other economic agents in the economy and the effect of fiscal and monetary policies on business outcomes. Key strategic variables affecting decision making in the macro business environment are interest rates, inflation and the Australian dollar.

✔ Learning Outcomes:

On successful completion of this unit, you should be able to:

• Understand and evaluate the importance of factors that determine aggregate output, unemployment, interest rates, inflation, and the exchange rate

• Appreciate the influence of macroeconomic conditions on decision-making in government, business, and international trade

• Analyse and critically evaluate policies designed to affect individual behavior and aggregate outcomes

UNIT CODE

UNIT NAME

ACF1100

Introduction to financial accounting

ACF2100

Financial accounting

ACF2200

Introduction to management accounting

ACF3100

Advanced financial accounting

BFC3140

Corporate finance 2

BFF1001

Foundations of finance

BFF2140

Corporate finance 1

BFF2401

Commercial banking and finance

BFF3121

Investments and portfolio management

BFF3751

Derivatives 1

BTF1010

Business law

BTF3931

Taxation law

ECC2000

Intermediate microeconomics

ECF1100

Microeconomics

ECF1200

Macroeconomics

ETC1000

Business and economic statistics

ETF1100

Business statistics

ETF2100

Introductory econometrics

ETF3200

Applied econometrics

MGF1010

Introduction to management

MKF1120

Marketing theory and practice

STA1010

Statistical methods for science