ECON1102 Macroeconomics 1 Notes | Assignment Help | Syllabus
University: Australian National University
“Macroeconomics is concerned with the overall functioning of the economy, including issues like unemployment, inflation, and interest rates, as well as the determination of national income, savings and investment, and the exchange rate and current account of the balance of payments. The course builds a coherent model of the economy to investigate the interconnections of major macroeconomic markets and variables, as well as the effects of various types of shocks on the economy and the role of government budgetary and monetary policy in affecting economic activity levels.
After successfully completing the course, students will be able to:
Understand macroeconomists’ fundamental theoretical models, particularly the Solow growth model and the AS/AD-model;
Discuss the models’ use as well as their limits.
Explain and comprehend some of the related empirical and policy consequences.
Read and comprehend a variety of newspaper and magazine articles on current economic developments;
Take a look at some of the Australian economy’s institutional characteristics, as well as those from other countries.”
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