Unit

School Of Business

Macroeconomic Measures and ModelsWestern Sydney University Unit Code: 200926.1

Discipline: ECONOMICS

Student Contribution Band: 4

Level: 3

Credit Points: 10

Assumed Knowledge
Knowledge acquired in introductory microeconomics, macroeconomics and accounting.

Equivalent Units
200546 - Macroeconomic Issues

About this Unit
The unit equips students with formal tools to analyse macroeconomic problems. Students learn to use macroeconomic terms and measures competently in discussion, and interpret data from the income, product, external and government accounts, and labour force surveys. Through hands-on experience constructing and applying price indices, deflators and productivity measures, they acquire practical skills and a sound conceptual understanding of economic variables and the accounting framework. Students come to appreciate the power of macroeconomic models, learning how to capture myriad mechanisms and feedbacks in a single framework, for example to define and quantify multipliers and crowding-out effects. Finally, students gain an understanding of fundamental external constraints, such as international parity and balance of payments equilibrium conditions.

Courses
1652.7Bachelor of Arts (Pathway to Teaching Secondary)CONTINUING
1652.8Bachelor of Arts (Pathway to Teaching Secondary)CONTINUING
1652.9Bachelor of Arts (Pathway to Teaching Secondary)CURRENT
1655.8Bachelor of Arts (Dean's Scholars)CONTINUING
1655.9Bachelor of Arts (Dean's Scholars)CURRENT
1706.3Bachelor of ArtsCONTINUING
1706.4Bachelor of ArtsCURRENT
1808.2Bachelor of Arts/Bachelor of Social ScienceCONTINUING
1808.3Bachelor of Arts/Bachelor of Social ScienceCURRENT
1818.1Bachelor of Arts/Bachelor of BusinessCONTINUING
1818.2Bachelor of Arts/Bachelor of BusinessCONTINUING
1818.3Bachelor of Arts/Bachelor of BusinessCONTINUING
1818.4Bachelor of Arts/Bachelor of BusinessCURRENT
1819.2Bachelor of Communication/Bachelor of BusinessCONTINUING
1819.3Bachelor of Communication/Bachelor of BusinessCURRENT
1820.1Bachelor of International Studies/Bachelor of BusinessCONTINUING
1820.2Bachelor of International Studies/Bachelor of BusinessCURRENT
1823.2Bachelor of Arts (Pathway to Teaching Secondary) Dean's ScholarsCONTINUING
1823.3Bachelor of Arts (Pathway to Teaching Secondary) Dean's ScholarsCONTINUING
1823.4Bachelor of Arts (Pathway to Teaching Secondary) Dean's ScholarsCONTINUING
1823.5Bachelor of Arts (Pathway to Teaching Secondary) Dean's ScholarsCURRENT
1842.1Bachelor of Arts/Bachelor of Creative IndustriesCONTINUING
1842.2Bachelor of Arts/Bachelor of Creative IndustriesCURRENT
2786.2Bachelor of BusinessCONTINUING
2786.3Bachelor of BusinessCURRENT
2787.2Bachelor of Business (Advanced Business Leadership)SUSPENDED
2788.2Bachelor of Business/Bachelor of LawsCONTINUING
2788.3Bachelor of Business/Bachelor of LawsCONTINUING
2789.3Bachelor of Business (Advanced Business Leadership)/Bachelor of LawsSUSPENDED
2804.2Bachelor of Business (Pathway to Teaching Secondary)CURRENT
3654.3Bachelor of Information and Communications Technology/Bachelor of ArtsCURRENT
3728.1Bachelor of Engineering (Honours)/Bachelor of BusinessCONTINUING
3728.2Bachelor of Engineering (Honours)/Bachelor of BusinessCONTINUING
3728.3Bachelor of Engineering (Honours)/Bachelor of BusinessCONTINUING
3728.4Bachelor of Engineering (Honours)/Bachelor of BusinessCURRENT
3737.2Bachelor of Information and Communications Technology/Bachelor of BusinessCURRENT
3744.2Bachelor of Information Systems/Bachelor of BusinessCURRENT
3745.2Bachelor of Information Systems Advanced/Bachelor of BusinessCURRENT
3763.1Bachelor of Science/Bachelor of ArtsCONTINUING
3763.2Bachelor of Science/Bachelor of ArtsCURRENT
3769.2Bachelor of Data ScienceCURRENT
4748.2Bachelor of Science/Bachelor of BusinessCONTINUING
4748.3Bachelor of Science/Bachelor of BusinessCONTINUING
4748.4Bachelor of Science/Bachelor of BusinessCURRENT
6005.1Diploma in Arts/Bachelor of ArtsCONTINUING
6005.2Diploma in Arts/Bachelor of ArtsCONTINUING
6005.3Diploma in Arts/Bachelor of ArtsCURRENT
6037.1Diploma in Business/Bachelor of BusinessCONTINUING
6037.2Diploma in Business/Bachelor of BusinessCONTINUING
6037.3Diploma in Business/Bachelor of BusinessCURRENT

Specialisations

M2510.1Economy and MarketsCURRENT
M2516.1Business StudiesCURRENT
MT2022.1EconomicsCURRENT
SM2053.1Economics for Secondary TeachingCURRENT
SM2062.1MacroeconomicsCURRENT



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