Course Title: Macroeconomics for Decision Making
Part A: Course Overview
Course Title: Macroeconomics for Decision Making
Credit Points: 12.00
Terms
Flexible Terms
Course Code |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
ECON1042 |
City Campus |
Undergraduate |
625H Economics, Finance and Marketing |
Face-to-Face |
UGRDFlex24 (ZZZZ) |
Course Coordinator: Dr Sveta Angelopoulos
Course Coordinator Phone: +613 9925 5853
Course Coordinator Email: sveta.angelopoulos@rmit.edu.au
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
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Course Description
This course examines the workings of the macroeconomy as it applies to the wellbeing of individuals and businesses and how policy decisions can affect the different groups in society using real world data and problems. It explores how the different schools of thoughts can be used to interpret and analyse economic phenomena both domestically, and globally, as well as overtime and how they affect decision making.
Objectives/Learning Outcomes/Capability Development
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On successful completion of this course you will be able to:
- Apply economic models and frameworks to inform macroeconomic policy and business decision making.
- Source, analyse and interpret economic data to inform macroeconomic policy and decision making.
- Critically evaluate various schools of macroeconomic thought and their suggested policy responses to a range of events and conditions.
- Communicate the findings of economic analyses to diverse audiences in a professional manner.
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: 30% Linked CLOs: 1, 2 Assessment Task 2 30% Linked CLOs: 1, 2, 3, 4 Assessment Task 3 40% Linked CLOs: 1, 3, 4 All assessment tasks are individual.