TABL5911 Macroeconomics, Government and the Economy

6 Units of Credit
Taxation & Business Law

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Macroeconomics is the study of the economic performance of nations and the effectiveness of policies that governments use to try to improve that performance. Among the issues that macroeconomists study are the sources of our increasing material standard of living, the causes of economic instability reflected in high unemployment and inflation, and the impact globalisation has on the management of our economy. The performance of our economy impacts on the availability of jobs, mortgage interest rates, the value of the Australian dollar, the prices we pay in the supermarket and our overall standard of living. As such, macroeconomic performance affects everyone.