Macroeconomic Analysis and Policy

6 unitsSem 2In Person

Crawford School of Public Policy · ANU College of Law, Governance and Policy

About this course

This course is available for on-campus & remote (online) learning. All students participate in interactive, real-time classes.. This course introduces students to the main classes of models in modern macroeconomics. The course is aimed at providing students with a sound knowledge of modern macroeconomic theory, an ability to formulate and solve problems analytically, and a general appreciation of how policymakers can use macroeconomic analysis in practice. The first half of the course will be devoted to growth models while the second half will deal with cyclical fluctuations and also monetary and fiscal policy.

Learning outcomes

1Demonstrate an understanding of the key concepts, theories, and core models of macroeconomics.
2Apply fundamental tools to analyse a variety of illustrations and examples, including macroeconomic trends and implications for policymakers.
3Explain and communicate macroeconomic concepts to a professional standard graphically, mathematically, and in writing.
4Evaluate real world events and data using macroeconomic analysis.
5Demonstrate critical thinking about the mechanisms in core models used to apply macroeconomic principles and assess public policies.

Assessment

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

Quiz (45 minutes)

Learning outcomes 1, 2, 4, 5

10%

Mid-semester exam (2 hours)

Learning outcomes 1, 2, 3, 4, 5

30%

Final exam (3 hours)

Learning outcomes 1, 2, 3, 4, 5

60%

Study expectations

Study information

A standard course workload is 130 hours including in class times and independent study.

Texts and reading

Jones, Charles I. and Vollrath, Dietrich (2013) Introduction to Economic Growth, 3rd edition, W.W. Norton. Romer, David (2019) Advanced Macroeconomics, 5th edition, McGraw Hill.

Course essentials

Academic year: 2026
Course subject: IDEC
Subject name: International and Developmental Economics
Academic career: PGRD
School: Crawford School of Public Policy
College: ANU College of Law, Governance and Policy
Convener: Prof Creina Day
Delivery: In Person
Unit value: 6 units
EFTSL: 0.125
Last source update: Not listed

View the ANU course source

Fees

International fee paying students: International · 2026 · Course basis; $7,020
Student Contribution Band Code 34: Commonwealth supported · 2026; ANU contribution-band code 34
Estimated domestic fee: ≈ $5,160; Estimated from the median of 277 similar courses in the ANU College of Law, Governance and Policy. ANU's page didn't list a fee we could read, so this isn't the official fee.

Areas and attributes

Areas of interest

EconomicsEconomic Policy