UO Macroeconomics

Undergraduate | 2026

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Area/Catalogue
ECON 1011
Course ID icon
Course ID
203470
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course level icon
Course level
1
Study abroad and student exchange icon
Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
University-wide elective icon
University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes
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Note:
Course data is interim and subject to change

Course overview

The aim of this course is to familiarise students with fundamental macroeconomic principles and the Australian economy in an international economic setting. Introduction to macroeconomics; the economy over time, fundamental relationships in the macroeconomy; the introduction of simple macroeconomic models; the simple aggregate demand/ aggregate supply model of the macroeconomy, money; the open economy, economic policy; contemporary economic issues.

Course learning outcomes

  • Describe, explain and apply basic macroeconomic terms and concepts.
  • Use simple macroeconomic models to interpret the Australian economy.
  • Explain the macroeconomic environment in Australia.
  • Use simple macroeconomic models to analyse the impact of changes in the economy.
  • Evaluate current macroeconomic events, policy issues and debates from an economic perspective.
  • Demonstrate Business Enterprise Skills in the context of Economics: International Perspective (foundation level).

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A