ECON1102 Macroeconomics: Money and Finance

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 1UWA (Perth)Online-TT
Semester 2UWA (Perth)Face to face
Semester 2UWA (Perth)Online-TT
Semester 2AlbanyMulti-mode
Details for undergraduate courses
  • Level 1 core unit in the Economics; Professional Economics; Philosophy, Politics and Economics major sequences
  • The area of knowledge for this unit is Management and Commerce
  • Category B broadening unit for students
  • Level 1 elective
Content
This is an introductory unit in macroeconomics. Topics include national accounting; incomes and aggregate demand; inflation and unemployment; economic growth and monetary and fiscal policy.
Outcomes
Students are able to (1) describe the operation of the Australian economy and the causes and effects of economic growth, inflation, unemployment and government policy; (2) develop the ability to analyse how foreign political and economic events affect the Australian economy; (3) critically evaluate the financial press as it relates to the macro economy; (4) assess how government policies and changing macroeconomic conditions affect their own welfare; and (5) reflect on recent economic history and its impact on current policy initiatives.
Assessment
Indicative assessments in this unit are as follows: (1) participation; (2) assignment; and (3) examinations. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s)
Dr Elisa Birch
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
Unit Outline
Semester 1-2020 [SEM-1-2020]
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook. Reading lists and essential textbooks are subject to change each semester. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus. Copies of textbooks and other readings will be made available for students to access from the Library, online wherever possible as well as in print.
  • If this unit is offered as on-campus face-to-face study only, students who are presently unable to enter Western Australia and whose studies would be delayed by an inability to complete this unit, should contact the unit coordinator (details given on this page) to ascertain, on an individual case-by-case basis, if alternate arrangements can be made to support their study in this unit.