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Introduces students to the basis elements of Macroeconomics which lead to an understanding of how output, employment and national income are determined. Explains how the international economy impacts on business activity in the domestic economy. Examine the role of government and demonstrates how this affects the business sector. Emphasis will be placed on a critical understanding of the state of national economics of the Asia Pacific region.
|Faculty||Faculty of Business and Law|
|School||Newcastle Business School|
On successful completion of this course, students should be able to:
1. Interpret the meaning and implications for business of economic indicators from government and business media reports.
2. Use economic indicators to assess risks and opportunities for business investment.
Topics will include the development of a basic demand determined macroeconomic model of national income and employment, analysis of the trade sector and exchange rate determination: the role of government policy in stabilizing the business cycle. These will be integrated with case studies of selected national economies of the Asia-Pacific.
|Replacing Course(s)||GECO6400 Macroeconomics & Policy 10 Units|
|Modes of Delivery||External Mode
Flexible Delivery / Student Centred Learning
|Timetable||2014 Course Timetables for GECO6400|