ECON6102 Macroeconomic Theory II

Subject Code

ECON6102

Study Level

Postgraduate

Commencing Term

Term 3

Total Units of Credit (UOC)

Delivery Mode

On Campus

School

Economics

Browse archives for this course

The course outline is not available for current term. To view outlines from other years and/or terms, visit the archives .

1. Course Details

Summary of Course

This course is an introduction to dynamic programming in macroeconomics. We will learn how to model an economy. We will start by analysing deterministic macroeonomic models in sequential and recursive formulation. Later we will introduce uncertainty and rational expectations into our models. We will learn how to analytically solve models and use computational methods. We will use these models to answer important economic questions, for example to evaluate fiscal or monetary policy. We will discuss the theoretical equilibria in both centralised and decentralised economies.

Teaching Times and Locations

Please note that teaching times and locations are subject to change. Students are strongly advised to refer to the Class Timetable website for the most up-to-date teaching times and locations.

View course timetable

Course Policies & Support

The Business School expects that you are familiar with the contents of this course outline and the UNSW and Business School learning expectations, rules, policies and support services as listed below:

Program Learning Outcomes
Academic Integrity and Plagiarism
Student Responsibilities and Conduct
Special Consideration
Protocol for Viewing Final Exam Scripts
Student Learning Support Services

Further information is provided in the Assessment and Policies and Support sections.

Students may not circulate or post online any course materials such as handouts, exams, syllabi or similar resources from their courses without the written permission of their instructor.

Course Aims and Relationship to Other Courses

The course aims to provide benefits to students in terms of:

The ability to use advanced economic tools in addressing economic policy questions
An understanding of the different ways in which economic policy issues can be tackled and the way in which economic policies affect economic performance

This course is the 2nd part of the graduate course on advanced macroeconomics. It will build on the material that was taught in macroeconomic analysis (ECON6002/7002). You must have completed ECON6002/7002 with satisfactory grades or have completed equivalent course material in order to enrol in this course.

Student Learning Outcomes

The Course Learning Outcomes (CLOs) are what you should be able to demonstrate by the end of this course, if you participate fully in learning activities and successfully complete the assessment items.

CLOs also contribute to your achievement of the Program Learning Outcomes (PLOs), which are developed across the duration of a program for all coursework students in the Business School. More information on PLOs is available under Policies and Support. PLOs are, in turn, directly linked to UNSW graduate capabilities and the aspiration to develop “globally focussed graduates who are rigorous scholars, capable of leadership and professional practice in an international community”.

The following table shows how the CLOs for this course relate to the overall PLOs and indicates where each CLO and PLO is assessed:

Course Learning Outcomes	Program Learning Outcomes	Course Assessment Item
On successful completion of the course, you should be able to:	This course helps you to develop the following Program Learning Outcomes:	This learning outcome will be assessed in the following items:
1. Identify and explain the assumptions and structure of standard models in macroeconomics.	PLO 1: Business knowledge PLO 2: Problem solving	Paper presentation Final Exam Problem Set
2. Analyse and critically manipulate standard models in macroeconomics.	PLO 1: Business knowledge PLO 2: Problem solving	Paper presentation Final Exam Problem Set
3. Apply the models to interpret and analyse problems in macroeconomics.	PLO 1: Business knowledge PLO 2: Problem solving	Paper presentation Final Exam Problem Set
4. Select and apply numerical tools to solve rational expectation models and analyse their quantitative predictions.	PLO 1: Business knowledge PLO 2: Problem solving	Paper presentation Final Exam Problem Set
5. Construct sophisticated arguments in terms of standard macroeconomic concepts and present these arguments.	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 7: Leadership development	Paper presentation Final Exam Problem Set

2. Staff Contact Details

Position	Title	Name	Email	Location	Phone	Consultation Times
Lecturer-in-charge	Dr	Gonzalo Castex		Room 414, UNSW Business School	9385 3341	Monday 10:30am to 12:00pm, and by appointment during the term.

Communication with staff

You should feel free to contact your lecturer about any academic matter. However, we strongly encourage, for efficiency, all enquiries about the subject material to be made at tutorials or during consultation time. The lecturer will hold regular office hours on Monday from 10:30 to 12:00, and by appointment during the term.

Email is the recommended means of initial communication with the teaching staff for this course. Discussion of course subject material will not be entered into via lengthy emails.

Please note that the lecturer has no advance notice of the date and time of the exam.

3. Learning and Teaching Activities

Approach to Learning and Teaching in the Course

The philosophy underpinning this course and its Teaching and Learning Strategies is based on Guidelines on Learning that Inform Teaching at UNSW. Specifically, the lectures, tutorials and assessment have been designed to appropriately challenge students and support the achievement of the desired learning outcomes. A climate of inquiry and dialogue is encouraged between students and teachers and among students (in and out of class). The lecturer aims to provide meaningful and timely feedback to students to improve learning outcomes.

An effective learning strategy (on which the course materials are based) is the following:

Prior to attending a lecture, download the lecture notes, read them and the relevant material from the textbook, and bring the notes with you to the lecture.
Attend the lecture. The relevant material from the textbook forms the basis for the lecture. Key concepts will be emphasised and demonstrated through worked examples.
Attempt the problem sets: do not be discouraged if you cannot answer all of the questions as some questions are more difficult than others. Attempting the assigned questions will provide a self-test of your understanding of particular topics and identify those topics which may require further attention.
Participate in online activities (online local and international seminars - details will be provided in Lecture 1)

Understanding and using economic models is a key element in economic analysis and in undertaking research in economics. The best way to gain a deep understanding of these models is by working through the models yourself using a pen and paper. Look at the equations and write them out (or draw the diagrams). Note what variables enter into the models and make sure you can provide an intuitive explanation as to why they are there. Think about the assumptions used in the model and ask why they are used. Look at how the model is solved and then look at the solution and see if it makes economic sense. In some cases, you will should work through the data and convince yourself that the model is an appropriate specification. It usually takes time to build up these skills so it is good practice to begin early in the term and do a little at a time. In the lectures we will work through important models, and the numerous problem sets will give you practice at working with and solving economic models and help you to acquire the necessary skills.

Learning Activities and Teaching Strategies

The examinable content of the course is defined by the references given in the lecture schedule, the content of lectures, and the content covered in web-based learning.

Lectures

The purpose of lectures is to provide a logical structure for the topics that make up the course; to emphasise the important concepts and methods of each topic, and to provide relevant examples to which the concepts and methods are applied.

At time of publication, lectures are intended to be delivered face-to-face on campus with appropriate physical distancing measures in place.

Web-based Learning

Web-based learning is an integral part of the subject. Presentations, discussions, and problems that occur on the web-based learning platform will build on the material discussed in class with the lecturer.

Out-of-Class Study

Most learning will be achieved outside of class time. Lectures can only provide a structure to assist your study, and in-class time is limited.

An “ideal” strategy (on which the provision of the course materials is based) might include:

Reading of the relevant chapter(s) of the text and any readings before the lecture. This will give you a general idea of the topic area.
Attending lectures. The context, importance, and relevance of course material is identified and clarified here.
Participating in web-based learning.

4. Assessment

Formal Requirements

In order to pass this course, you must:

achieve a composite mark of at least 50 out of 100;
meet any additional requirements described in the Assessment Summary section.

You are expected to attempt all assessment requirements in the course.

Assessment Structure

Assessment Task	Weighting	Length	Due Date
Paper Presentation	20%	20-minute presentation.	Student presentations will occur in Weeks 7 through 10.
Problem sets	30%	See below.	Due each week starting in Week 2.
Final Exam	50%	2 hours	University Exam Period
Total	100%	–	–

Assessment Summary

As a student at UNSW you are expected to display academic integrity in your work and interactions. Where a student breaches the UNSW Student Code with respect to academic integrity, the University may take disciplinary action under the Student Misconduct Procedure. To assure academic integrity, you may be required to demonstrate reasoning, research and the process of constructing work submitted for assessment.

To assist you in understanding what academic integrity means, and how to ensure that you do comply with the UNSW Student Code, it is strongly recommended that you complete the Working with Academic Integrity module before submitting your first assessment task. It is a free, online self-paced Moodle module that should take about one hour to complete.

Paper Presentation (20%)

Students are required to present a research paper in class. Each student will choose a paper from the reading list provided in class. More details will be provided in due course.

Problem sets (30%)

The problem sets will be based on the theoretical models covered in lectures. They are designed to provide students with practice in obtaining the necessary skills to analyse and solve economic models. Collaboration among classmates is encouraged, but students must acknowledge any help received from other students. Failure to acknowledge outside assistance you have received will be considered plagiarism.

Final Exam (50%)

The final examination will test all materials covered in the course.

Further information on the content of the Final Exam will be provided towards the end of term. The purpose of the final examination is to assess knowledge of basic macroeconomic concepts and theory covered throughout the entire term.

Assignment Submission Procedure

Assessment Feedback

Feedback on student performance from formative and summative assessment tasks will be provided to students in a timely manner. Assessment tasks completed within the teaching period of a course, other than a final assessment, will be assessed and students provided with feedback, with or without a provisional result, within 10 working days of submission, under normal circumstances. Feedback on continuous assessment tasks (e.g. laboratory and studio-based, workplace-based, weekly quizzes) will be provided prior to the midpoint of the course.

Special Consideration

You can apply for special consideration when illness or other circumstances beyond your control interfere with your assessment performance (to apply see Special Consideration on the UNSW Current Students page). Special Consideration is primarily intended to provide you with an extra opportunity to demonstrate the level of performance of which you are capable.

Special Consideration applications will be assessed centrally by the Case Review Team within Student Lifecycle. The Case Review team will update the online application with the outcome and add any relevant comments.

Please note the following:

Applications can only be made through Online Services in myUNSW. Applications will not be accepted by teaching staff. The lecturer-in-charge/course coordinator will be automatically notified when you lodge an online application for special consideration.
Applying for special consideration does not automatically mean that you will be granted a supplementary exam or other concession.
If you experience illness or misadventure in the lead up to an exam or assessment, you must submit an application for special consideration, either prior to the examination taking place, or prior to the assessment submission deadline, except where illness or misadventure prevent you from doing so.
If you sit the exam/submit an assignment, you are declaring yourself well enough to do so and are unable to subsequently apply for special consideration.
If you become unwell on the day of the exam, you must provide evidence dated within 24 hours of the exam, with your application.
The current provisions will continue for exceptional circumstances, for example, if a student falls sick during an exam. Other exceptions will continue to be examined on a case by case basis by the Student Lifecycle team.
Special consideration requests do not allow the awarding of additional marks to students.

Further information on Business School policy and procedure can be found under “Special Consideration” on the Policies and Support page.

Protocol for Viewing Final Exam Scripts

UNSW students have the right to view their final exam scripts, subject to a small number of very specific exemptions. The UNSW Business School has set a protocol under which students may view their final exam script. Individual schools within the Faculty may also set up a local process for viewing final exam scripts, so it is important that you check with your School. Further school-specific information may be included below.

Quality Assurance

The Business School is actively monitoring student learning and quality of the student experience in all its programs. A random selection of completed assessment tasks may be used for quality assurance, such as to determine the extent to which program learning goals are being achieved. The information is required for accreditation purposes, and aggregated findings will be used to inform changes aimed at improving the quality of Business School programs. All material used for such processes will be treated as confidential.

5. Course Resources

The website for this course is on UNSW Moodle.

Additional materials such as solutions to the tutorial exercises, lecture notes, slides, and other materials. will be provided through the course website on UNSW Moodle.

There is no prescribed textbook for the course. Assigned readings are taken from some of the following texts (available in the UNSW Library):

Lars Ljungqvist and Thomas J. Sargent, Recursive Macroeconomics Theory, 2nd edition, The MIT Press (2004) (3rd edition is also available)
Nancy L. Stokey and Robert E. Lucas, with Edward C. Prescott, Recursive Methods in Economic Dynamics, Harvard University Press (1989)
Thomas Cooley, Frontiers of Business Cycle Research, Princeton University Press (1995)
Jerome Adda and Russell Cooper, Dynamic Economics, The MIT Press (2003)

6. Course Evaluation & Development

Feedback is regularly sought from students and continual improvements are made based on this feedback. At the end of this course, you will be asked to complete the myExperience survey, which provides a key source of student evaluative feedback. Your input into this quality enhancement process is extremely valuable in assisting us to meet the needs of our students and provide an effective and enriching learning experience. The results of all surveys are carefully considered and do lead to action towards enhancing educational quality.

The School of Economics strives to be responsive to student feedback. If you would like more information on how the design of this course and changes made to it over time have taken students’ needs and preferences into account, please contact the Director of Education at the School of Economics.

Consent for De-Identified Data to be Used for Secondary Research into Improving Student Experience

To enhance your student experience, researchers at UNSW conduct academic research that involves the use of de-identified student data, such as assessment outcomes, course grades, course engagement and participation, etc. Students of this course are being invited to provide their consent for their de-identified data to be shared with UNSW researchers for research purposes after the course is completed.

Providing consent for your de-identified data to be used in academic research is voluntary and not doing so will not have an impact on your course grades.

Researchers who want to access your de-identified data for future research projects will need to submit individual UNSW Ethics Applications for approval before they can access your data.

A full description of the research activities aims, risks associated with these activities and how your privacy and confidentiality will be protected at all times can be found here.

If you consent to have your de-identified data used for academic research into improving student experience, you do not need to do anything. Your consent will be implied, and your data may be used for research in a format that will not individually identify you after the course is completed.

If you do not consent for this to happen, please email the opt-out form to seer@unsw.edu.au to opt-out from having your de-identified data used in this manner. If you complete the opt-out form, the information about you that was collected during this course will not be used in academic research.

7. Course Schedule

Note: for more information on the UNSW academic calendar and key dates including study period, exam, supplementary exam and result release, please visit: https://student.unsw.edu.au/new-calendar-dates

Week	Activity	Topic	Assessment/Other
Week 1: 14th September	Lecture	Introduction Solow's model and dynamic optimisation	Lecture notes; Stokey and Lucas, Ch. 2-4
Week 2: 21st September	Lecture	Introduction to Matlab. Sequential formulation and infinite horizon maximisation problems.	Lecture notes; Ljungqvist and Sargent, Ch. 3-5 Stokey and Lucas, Ch. 2-4 Adda and Cooper, Ch. 2-3 Online resources: https://matlabacademy.mathworks.com https://ocw.mit.edu/courses/mathematics/18-s997-introduction-to-matlab-programming-fall-2011/ www.math.toronto.edu/mpugh/primer.pdf
Week 3: 28th September	Lecture	Introduction to dynamic programming.	Lecture notes; Stokey and Lucas, Ch. 2-4 Ljungqvist and Sargent, Ch.3
Week 4: 5th October	Lecture	Steady states and dynamics under optimal growth. Matlab: Value function iteration	Lecture notes; Ljungqvist and Sargent, Ch.2; Ljungqvist and Sargent, Ch.17
Week 5: 12th October	Lecture	Competitive equilibrium in dynamic models	Lecture notes; Stokey and Lucas, Ch. 9
Week 6: 19th October	Lecture	Recursive competitive equilibrium	Lecture notes; Ljungqvist and Sargent, Part III; Stokey and Lucas, Part III
Week 7: 26th October	Lecture	Stochastic processes and competitive equilibrium under uncertainty	Lecture notes; and the following: Finn Kydland and Edward C. Prescott, “Time to Build and Aggregate Fluctuations,” Econometrica, 1982. John Long and Charles Plosser, “Real Business Cycles”, Journal of Political Economy, 1983. Prescott, Edward, “Theory Ahead of Business Cycle Measurement,” Carnegie-Rochester Conference on Public Policy, Autumn 1986, 25, pp. 1 1-44. Robert King, Charles Plosser and Sergio T. Rebelo, “Production, Growth and Business Cycles, I. The Basic Neoclassical Model,” Journal of Monetary Economics, 21, no. 2/3 (May 1988): 195-232.
Week 7: 26th October	Assessment	Student Paper Presentations	Student Paper Presentations Weeks 7-10.
Week 8: 2nd November	Lecture	The neoclassical growth model under uncertainty.	Lecture notes; Ljungqvist and Sargent, Ch.14
Week 8: 2nd November	Assessment	Student Paper Presentations	Student Paper Presentations Weeks 7-10.
Week 9: 9th November	Lecture	Competitive equilibrium under uncertainty.	Lecture notes Ljungqvist and Sargent, Ch.14
Week 9: 9th November	Assessment	Student Paper Presentations	Student Paper Presentations Weeks 7-10.
Week 10: 16th November	Lecture	General equilibrium models	Lecture notes; and the following: Aiyagari, Rao, (1994). "Uninsured Idiosyncratic Risk and Aggregate Saving," Quarterly Journal of Economics, 109(3), pp. 659-84. Per Krusell and Anthony A. Smith, Jr. (1998). “Income and Wealth Heterogeneity in the Macroeconomy,” Journal of Political Economy, Vol. 106, No. 5 (October 1998), pp. 867-896. Ljungqvist and Sargent, Ch.6. Cooley, Ch. 1-2.
Week 10: 16th November	Assessment	Student Paper Presentations	Student Paper Presentations Weeks 7-10.

8. Policies and Support

Information about UNSW Business School protocols, University policies, student responsibilities and education quality and support.

Program Learning Outcomes

The Business School places knowledge and capabilities at the core of its curriculum via seven Program Learning Outcomes (PLOs). These PLOs are systematically embedded and developed across the duration of all coursework programs in the Business School.

PLOs embody the knowledge, skills and capabilities that are taught, practised and assessed within each Business School program. They articulate what you should know and be able to do upon successful completion of your degree.

Upon graduation, you should have a high level of specialised business knowledge and capacity for responsible business thinking, underpinned by ethical professional practice. You should be able to harness, manage and communicate business information effectively and work collaboratively with others. You should be an experienced problem-solver and critical thinker, with a global perspective, cultural competence and the potential for innovative leadership.

All UNSW programs and courses are designed to assess the attainment of program and/or course level learning outcomes, as required by the UNSW Assessment Design Procedure. It is important that you become familiar with the Business School PLOs, as they constitute the framework which informs and shapes the components and assessments of the courses within your program of study.

PLO 1: Business knowledge

Students will make informed and effective selection and application of knowledge in a discipline or profession, in the contexts of local and global business.

PLO 2: Problem solving

Students will define and address business problems, and propose effective evidence-based solutions, through the application of rigorous analysis and critical thinking.

PLO 3: Business communication

Students will harness, manage and communicate business information effectively using multiple forms of communication across different channels.

PLO 4: Teamwork

Students will interact and collaborate effectively with others to achieve a common business purpose or fulfil a common business project, and reflect critically on the process and the outcomes.

PLO 5: Responsible business practice

Students will develop and be committed to responsible business thinking and approaches, which are underpinned by ethical professional practice and sustainability considerations.

PLO 6: Global and cultural competence

Students will be aware of business systems in the wider world and actively committed to recognise and respect the cultural norms, beliefs and values of others, and will apply this knowledge to interact, communicate and work effectively in diverse environments.

PLO 7: Leadership development

Students will develop the capacity to take initiative, encourage forward thinking and bring about innovation, while effectively influencing others to achieve desired results.

These PLOs relate to undergraduate and postgraduate coursework programs. Separate PLOs for honours and postgraduate research programs are included under 'Related Documents'.

Business School course outlines provide detailed information for students on how the course learning outcomes, learning activities, and assessment/s contribute to the development of Program Learning Outcomes.

UNSW Graduate Capabilities

The Business School PLOs also incorporate UNSW graduate capabilities, a set of generic abilities and skills that all students are expected to achieve by graduation. These capabilities articulate the University’s institutional values, as well as future employer expectations.

UNSW Graduate Capabilities	Business School PLOs
Scholars capable of independent and collaborative enquiry, rigorous in their analysis, critique and reflection, and able to innovate by applying their knowledge and skills to the solution of novel as well as routine problems.	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 4: Teamwork PLO 7: Leadership development
Entrepreneurial leaders capable of initiating and embracing innovation and change, as well as engaging and enabling others to contribute to change	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 4: Teamwork PLO 6: Global and cultural competence PLO 7: Leadership development
Professionals capable of ethical, self-directed practice and independent lifelong learning	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 5: Responsible business practice
Global citizens who are culturally adept and capable of respecting diversity and acting in a socially just and responsible way.	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 4: Teamwork PLO 5: Responsible business practice PLO 6: Global and cultural competence

While our programs are designed to provide coverage of all PLOs and graduate capabilities, they also provide you with a great deal of choice and flexibility. The Business School strongly advises you to choose a range of courses that assist your development against the seven PLOs and four graduate capabilities, and to keep a record of your achievements as part of your portfolio. You can use a portfolio as evidence in employment applications as well as a reference for work or further study. For support with selecting your courses contact the UNSW Business School Student Centre.

Academic Integrity and Plagiarism

Academic Integrity is honest and responsible scholarship. This form of ethical scholarship is highly valued at UNSW. Terms like Academic Integrity, misconduct, referencing, conventions, plagiarism, academic practices, citations and evidence based learning are all considered basic concepts that successful university students understand. Learning how to communicate original ideas, refer sources, work independently, and report results accurately and honestly are skills that you will be able to carry beyond your studies.

The definition of academic misconduct is broad. It covers practices such as cheating, copying and using another person’s work without appropriate acknowledgement. Incidents of academic misconduct may have serious consequences for students.

Plagiarism

UNSW regards plagiarism as a form of academic misconduct. UNSW has very strict rules regarding plagiarism. Plagiarism at UNSW is using the words or ideas of others and passing them off as your own. All Schools in the Business School have a Student Ethics Officer who will investigate incidents of plagiarism and may result in a student’s name being placed on the Plagiarism and Student Misconduct Registers.

Below are examples of plagiarism including self-plagiarism:

Copying: Using the same or very similar words to the original text or idea without acknowledging the source or using quotation marks. This includes copying materials, ideas or concepts from a book, article, report or other written document, presentation, composition, artwork, design, drawing, circuitry, computer program or software, website, internet, other electronic resource, or another person's assignment, without appropriate acknowledgement of authorship.

Inappropriate Paraphrasing: Changing a few words and phrases while mostly retaining the original structure and/or progression of ideas of the original, and information without acknowledgement. This also applies in presentations where someone paraphrases another’s ideas or words without credit and to piecing together quotes and paraphrases into a new whole, without appropriate referencing.

Collusion: Presenting work as independent work when it has been produced in whole or part in collusion with other people. Collusion includes:

Students providing their work to another student before the due date, or for the purpose of them plagiarising at any time
Paying another person to perform an academic task and passing it off as your own
Stealing or acquiring another person’s academic work and copying it
Offering to complete another person’s work or seeking payment for completing academic work

Collusion should not be confused with academic collaboration (i.e., shared contribution towards a group task).

Inappropriate Citation: Citing sources which have not been read, without acknowledging the 'secondary' source from which knowledge of them has been obtained.

Self-Plagiarism: ‘Self-plagiarism’ occurs where an author republishes their own previously written work and presents it as new findings without referencing the earlier work, either in its entirety or partially. Self-plagiarism is also referred to as 'recycling', 'duplication', or 'multiple submissions of research findings' without disclosure. In the student context, self-plagiarism includes re-using parts of, or all of, a body of work that has already been submitted for assessment without proper citation.

To see if you understand plagiarism, do this short quiz: https://student.unsw.edu.au/plagiarism-quiz

Cheating

The University also regards cheating as a form of academic misconduct. Cheating is knowingly submitting the work of others as their own and includes contract cheating (work produced by an external agent or third party that is submitted under the pretences of being a student’s original piece of work). Cheating is not acceptable at UNSW.

If you need to revise or clarify any terms associated with academic integrity you should explore the 'Working with Academic Integrity' self-paced lessons available at: https://student.unsw.edu.au/aim.

For UNSW policies, penalties, and information to help you avoid plagiarism see: https://student.unsw.edu.au/plagiarism as well as the guidelines in the online ELISE tutorials for all new UNSW students: http://subjectguides.library.unsw.edu.au/elise. For information on student conduct see: https://student.unsw.edu.au/conduct.

For information on how to acknowledge your sources and reference correctly, see: https://student.unsw.edu.au/referencing. If you are unsure what referencing style to use in this course, you should ask the lecturer in charge.

Student Responsibilities and Conduct

Students are expected to be familiar with and adhere to university policies in relation to class attendance and general conduct and behaviour, including maintaining a safe, respectful environment; and to understand their obligations in relation to workload, assessment and keeping informed.

Information and policies on these topics can be found on the 'Managing your Program' website.

Workload

It is expected that you will spend at least ten to twelve hours per week studying for a course except for Summer Term courses which have a minimum weekly workload of twenty to twenty four hours. This time should be made up of reading, research, working on exercises and problems, online activities and attending classes. In periods where you need to complete assignments or prepare for examinations, the workload may be greater. Over-commitment has been a cause of failure for many students. You should take the required workload into account when planning how to balance study with employment and other activities.

We strongly encourage you to connect with your Moodle course websites in the first week of semester. Local and international research indicates that students who engage early and often with their course website are more likely to pass their course.

View more information on expected workload

Attendance

Your regular and punctual attendance at lectures and seminars or in online learning activities is expected in this course. The Business School reserves the right to refuse final assessment to those students who attend less than 80% of scheduled classes where attendance and participation is required as part of the learning process (e.g., tutorials, flipped classroom sessions, seminars, labs, etc.).

View more information on attendance

General Conduct and Behaviour

You are expected to conduct yourself with consideration and respect for the needs of your fellow students and teaching staff. Conduct which unduly disrupts or interferes with a class, such as ringing or talking on mobile phones, is not acceptable and students may be asked to leave the class.

View more information on student conduct

Health and Safety

UNSW Policy requires each person to work safely and responsibly, in order to avoid personal injury and to protect the safety of others.

View more information on Health and Safety

Keeping Informed

You should take note of all announcements made in lectures, tutorials or on the course web site. From time to time, the University will send important announcements to your university e-mail address without providing you with a paper copy. You will be deemed to have received this information. It is also your responsibility to keep the University informed of all changes to your contact details.

Student Support and Resources

The University and the Business School provide a wide range of support services and resources for students, including:

Business School EQS Consultation Program
The Consultation Program offers academic writing, literacy and numeracy consultations, study skills, exam preparation for Business students. Services include workshops, online resources, individual and group consultations.
Level 1, Room 1035, Quadrangle Building.
BUS.EQS.Consultations@unsw.edu.au
02 9385 4508

Communication Resources
The Business School Communication and Academic Support programs provide online modules, communication workshops and additional online resources to assist you in developing your academic writing.

Business School Student Centre
The Business School Student Centre provides advice and direction on all aspects of admission, enrolment and graduation.
Level 1, Room 1028 in the Quadrangle Building
02 9385 3189

UNSW Learning & Careers Hub
The UNSW Learning & Careers Hub provides academic skills and careers support services—including workshops, individual consultations and a range of online resources—for all UNSW students. See their website for details.
Lower Ground Floor, North Wing Chancellery Building.
learningcentre@unsw.edu.au
02 9385 2060

Student Support Advisors
Student Support Advisors work with all students to promote the development of skills needed to succeed at university, whilst also providing personal support throughout the process.
John Goodsell Building, Ground Floor.
advisors@unsw.edu.au
02 9385 4734

International Student Support
The International Student Experience Unit (ISEU) is the first point of contact for international students. ISEU staff are always here to help with personalised advice and information about all aspects of university life and life in Australia.
Advisors can support you with your student visa, health and wellbeing, making friends, accommodation and academic performance.
International.student@unsw.edu.au
02 9385 4734

Equitable Learning Services
Equitable Learning Services (formerly Disability Support Services) is a free and confidential service that provides practical support to ensure that your health condition doesn't adversely affect your studies. Register with the service to receive educational adjustments.
Ground Floor, John Goodsell Building.
els@unsw.edu.au
02 9385 4734

UNSW Counselling and Psychological Services
Provides support and services if you need help with your personal life, getting your academic life back on track or just want to know how to stay safe, including free, confidential counselling.
Level 2, East Wing, Quadrangle Building.
counselling@unsw.edu.au
02 9385 5418

Library services and facilities for students
The UNSW Library offers a range of collections, services and facilities both on-campus and online.
Main Library, F21.
02 9385 2650

Moodle eLearning Support
Moodle is the University’s learning management system. You should ensure that you log into Moodle regularly.
externalteltsupport@unsw.edu.au
02 9385 3331

UNSW IT
UNSW IT provides support and services for students such as password access, email services, wireless services and technical support.
UNSW Library Annexe (Ground floor).
02 9385 1333

Save as PDF

Select the sections you wish to include in the Course Outline PDF.

Save as PDF

Previous Next

Browse archives for this course

Accreditation

ECON6102 Macroeconomic Theory II - 2020

Browse archives for this course

1. Course Details

Summary of Course

Teaching Times and Locations

Course Policies & Support

Course Aims and Relationship to Other Courses

Student Learning Outcomes

2. Staff Contact Details

Communication with staff​

3. Learning and Teaching Activities

Approach to Learning and Teaching in the Course

Learning Activities and Teaching Strategies

Lectures

Web-based Learning

Out-of-Class Study

4. Assessment

Formal Requirements

Assessment Structure

Assessment Summary

Paper Presentation (20%)

Problem sets (30%)

Final Exam (50%)

Assignment Submission Procedure

Assessment Feedback

Special Consideration

Protocol for Viewing Final Exam Scripts

Quality Assurance

5. Course Resources

6. Course Evaluation & Development

​Consent for De-Identified Data to be Used for Secondary Research into Improving Student Experience

7. Course Schedule

8. Policies and Support

RELATED DOCUMENTS

UNSW Graduate Capabilities

Plagiarism

Cheating

Workload

Attendance

General Conduct and Behaviour

Health and Safety

Keeping Informed

Save as PDF

Browse archives for this course

Communication with staff

Consent for De-Identified Data to be Used for Secondary Research into Improving Student Experience