Course overview
This course provides tools for and deeper understanding of macroeconomic issues and the behaviour of the economy as a whole. It builds on Principles of Economics to provide additional breadth and depth for those intending to pursue macroeconomic fields in subsequent courses. Macroeconomists develop theories and test these theories with economic data in order to aid policymakers think through the construction and implementation of economic policies to promote economic growth, stable price inflation and employment as well as high levels of employment and other measures of economic well-being. This knowledge works towards achieving efficient use of economic resources as well as equitable distribution of wealth. The aim of this course is to develop tools that can be applied when dealing with real-world macroeconomic issues. This course provides tools for and deeper understanding of macroeconomic issues and the behaviour of the economy as a whole. It builds on Principles of Economics to provide additional breadth and depth for those intending to pursue macroeconomic fields in subsequent courses. Macroeconomists develop theories and test these theories with economic data in order to aid policymakers think through the construction and implementation of economic policies to promote economic growth, stable price inflation and employment as well as high levels of employment and other measures of economic well-being. This knowledge works towards achieving efficient use of economic resources as well as equitable distribution of wealth. The aim of this course is to develop tools that can be applied when dealing with real-world macroeconomic issues.
- The Long-Run
- The Short-Run (Supply)
- The Short-Run (Demand)
- The Short-Run (Putting It All Together)
Course learning outcomes
- Relate core macroeconomic theory and principles to current macroeconomic issues
- Apply core macroeconomic theory to analyse macroeconomic policies
- Present arguments while viewing the world through straightforward, internally consistent economic models
- Articulate the benefits and the caveats of an argument that is relies specific economic theory
Availability
Class details
Adelaide City Campus East
Class number 21510
Section WS01
Size 100
Available 98
Class details
Adelaide City Campus East
Class number 51658
Section WS01
Size 100
Available 93
Fee calculator
To display course fees, please select your status and program below:
We’re updating this Fee Calculator. It currently shows fees for programs only. Please check the relevant program for full fee details.
Study Abroad student tuition fees are available here.
Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information.
The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.