coursemapLoading course
Crawford School of Public Policy · ANU College of Law, Governance and Policy
This course is available for on-campus & remote (online) learning. All students participate in interactive, real-time classes. This course covers a range of topics driving the research agenda in modern macroeconomics. Topics include international finance and open economy macroeconomics, macroeconomic dynamics, population and development, finance and investment, macroeconomic policy under uncertainty, and globalisation, trade and development. The course is aimed at providing students with a comprehensive knowledge of modern macroeconomic theory in a way that develops intuition and a technical ability to apply macroeconomic theory in practice. Students will be equipped with the key tools needed to formulate and solve problems analytically and provided with an appreciation of how these tools can be used to understand real world events and policy.
Written assignment (1,000 words)
Learning outcomes 1, 2, 3, 4, 5
Mid-semester exam
Learning outcomes 1, 2, 3, 4, 5
Final exam
Learning outcomes 1, 2, 3, 4, 5
A standard course workload is 130 hours including in class times and independent study.
The textbooks for this course are: Jones, Charles I. and Vollrath, Dietrich (2024) Introduction to Economic Growth, International Student Edition, 4th edition, W.W. Norton Romer, David (2019) Advanced Macroeconomics, 5th edition, McGraw Hill. Preliminary Reading The following textbook may be helpful for reviewing mathematical techniques used in this course: Hoy, Michael et al (2001) Mathematics for Economics, 2nd edition, MIT Press, ISBN 0-262-58207-4. The following textbooks offer a more advanced or detailed treatment of macroeconomic models: Barro, Robert J. and Sala-i-Martin, Xavier, (1995) Economic Growth, MIT Press, ISBN 0-262-02459-4. Blanchard, Olivier J. and Fischer, Stanley (1994) Lectures on Macroeconomics, MIT Press, ISBN 0-262-02283-4. Schmitt-Grohe, Stephanie and Uribe, Martin (2011) International Macroeconomics (downloadable at http://www.columbia.edu/~mu2166/UIM/notes.pdf). Obstfeld, Maurice and Kenneth Rogoff (1996) Foundations of International Macroeconomics, MIT Press.