Macroeconomics 3

6 unitsSem 2In Person

Research School of Economics · ANU College of Business and Economics

About this course

This course extends and reinforces the material developed in Macroeconomics 2 by analysing a number of policy issues in macroeconomics. Its objective is to show how practical problems can be structured and analysed using macroeconomic models and appropriate data. Most of the applications will be drawn from contemporary and historical Australian experience. Topics to be discussed include measurement and interpretation of macroeconomic aggregates; impact of the world economy on short-run fluctuations in Australia; determinants of economic growth and foreign debt; assessment of the impact of fiscal policy; inflation targets and monetary policy; and the persistence of unemployment.

Learning outcomes

1demonstrate ability to use macroeconomic models to examine and understand recent major economic events in the Australian economy;
2display thorough understanding of different macroeconomic models to evaluate macroeconomic activity;
3prove familiarity with the main computational models used in Australia to forecast economic activity, and how they are used to evaluate policy proposals;
4exhibit detailed knowledge of how to report macroeconomic policy analysis in a coherent way with clear explanations of the economic intuition.

Assessment

Weights and hurdle requirements come straight from the imported ANU record.

Assessment may consist of a Final Exam, mid-semester exam(s), quizzes, assignments or some combination thereof. See the Class Summary for details.

Learning outcomes 1, 2, 3, 4

100%

Study expectations

Study information

130 hours in total over the semester consisting of lectures, tutorials and private study time. (130 hours in total)

Texts and reading

See Class Summary

Course essentials

Academic year: 2026
Course subject: ECON
Subject name: Economics
Academic career: UGRD
School: Research School of Economics
College: ANU College of Business and Economics
Convener: Dr Cagri Kumru
Delivery: In Person
Unit value: 6 units
EFTSL: 0.125
Last source update: Not listed

View the ANU course source

Fees

Domestic fee paying students: Domestic · 2026 · Course basis; $5,520
International fee paying students: International · 2026 · Course basis; $7,020
Student Contribution Band Code 34: Commonwealth supported · 2026; ANU contribution-band code 34

Areas and attributes

Areas of interest

Economics