GECO6400

Macroeconomic Policy in the Asia-Pacific

10 Units

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
Availability

Not currently offered

Previously offered in 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004

Learning Outcomes

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.
  3. Critically evaluate the relevance of various macroeconomic models for issues relevant to business and public policy decisions.
  4. Identify common features of the national economies of the Asia-Pacific.
  5. Explain the implications of distinctive features of different economies in the Asia-Pacific region.
  6. Explain the role of government policy in stabilising the business cycle.
  7. Learn to work collaboratively to produce a written report and present findings at a professional standard
Content

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
Assumed Knowledge Nil
Assessment Items
  • Examination: Formal -
  • Case Scenario/PBL exercises -
  • Presentations - Group -
  • Quiz - Class -
Contact Hours
  • Lecture: for 3 hour(s) per Week for Full Term
Timetable 2015 Course Timetables for GECO6400

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