Course Title: Macroeconomics 2

Part A: Course Overview

Course Title: Macroeconomics 2

Credit Points: 12.00

Important Information:




Course Code




Learning Mode

Teaching Period(s)


City Campus


625H Economics, Finance and Marketing


Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 2 2010,
Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 2 2016,
Sem 2 2017,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020


Kolej Metropolitan


625H Economics, Finance and Marketing


Offsh 1 09


Singapore Inst of Management


625H Economics, Finance and Marketing


Offsh 1 09,
Offsh 3 09,
Offsh 1 10,
Offsh 3 10,
Offsh 1 11,
Offsh 3 11,
Offsh1 12,
Offsh1 13,
Offsh3 13,
Offsh1 14,
Offsh3 14,
Offsh1 15,
Offsh3 15,
Offsh1 16,
Offsh3 16,
Offsh1 17,
Offsh3 17,
Offsh3 18,
Offsh1 19,
Offsh3 19,
Offsh1 20,
Offsh3 20


RMIT University Vietnam


625H Economics, Finance and Marketing


Viet1 2012,
Viet2 2012,
Viet1 2013,
Viet2 2013,
Viet3 2013,
Viet1 2014,
Viet2 2014,
Viet3 2014,
Viet1 2015,
Viet2 2015,
Viet3 2015,
Viet1 2016,
Viet2 2016,
Viet2 2017,
Viet3 2017,
Viet2 2018,
Viet3 2018,
Viet1 2019,
Viet2 2019,
Viet3 2019,
Viet1 2020,
Viet3 2020


RMIT Vietnam Hanoi Campus


625H Economics, Finance and Marketing


Viet3 2019,
Viet1 2020,
Viet3 2020

Course Coordinator: Dr Bronwyn Coate

Course Coordinator Phone: +61 3 9925 1309

Course Coordinator Email:

Course Coordinator Location: Melbourne Campus Building 80, Level 11

Course Coordinator Availability: By appointment only, via email

Pre-requisite Courses and Assumed Knowledge and Capabilities

Macroeconomics 1 (ECON1010 or equivalent code) or its equivalent introductory course from another tertiary institution.

Course Description

The aim of this course is to extend your understanding of the workings of the macroeconomy and its effect on individuals and businesses. It will also introduce students to various economic models and schools of economic thought that can be used to interpret and analyse economic phenomena both domestically, and globally, as well as over time.


Objectives/Learning Outcomes/Capability Development



On successful completion of this course you will be able to:

  1. Understand the major institutions within the national economy, how the macroeconomy is measured, how different sectors interact and evolve over time, and how these changes influence social welfare and the business environment.
  2. Critically evaluate contemporary and historical macroeconomic policy developments and debates between major schools of thought.
  3. Use rigorous modelling frameworks to understand macroeconomic issues and support decision making.
  4. Identify and analyse current macroeconomic problems and formulate and communicate associated policy responses.
  5. Assess the effectiveness of monetary and fiscal policies under various circumstances.


Overview of Learning Activities

To achieve the desired learning outcomes the course encourages students to participate in the following learning experiences:

  • Attendance at, and note-taking during scheduled lectures/tutorials.
  • Reading of, and note-taking from recommended texts, and other references.
  • Participation in the lectures/tutorials in terms of answering questions, raising issues, and enhancing general discussion.

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities possibly comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.


Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. The lecture notes and workshop notes are posted on Canvas.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period. 

Overview of Assessment


The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:


Assessment Task 1: 10%
Linked CLOs: 1, 2, 3, 4, 5

Assessment Task 2: 40% (consisting of 2 components - 20% each)
Linked CLOs:1, 3, 4, 5

Assessment Task 3: 50%
Linked CLOs: 1, 3, 4, 5

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.