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Unit (2020)

Information on this page, including unit offerings, is from the 2020 academic year.

Macroeconomics B (BUS327)

Organisational Unit Business
Credit Points 3
Availability MURDOCH: S2-internal, S2-external
KAPLAN-SGP: TJA-internal, TSA-internal
Teaching Timetables Murdoch S2
Description This unit provides an advanced level of knowledge and understanding of macroeconomic principles. A framework for analysis is developed and the determinants of unemployment, inflation and the level of output are discussed. Particular emphasis is placed upon the role of government macroeconomic policy.
Unit Learning Outcomes Upon successful completion of the unit, students will be able to
ULO 1 Evaluate and apply the aims and purpose of advanced macroeconomic principles and practices to real world scenarios
ULO 2 Analyse contemporary government macroeconomic policies by applying the main concepts, terminologies and tools of economic analysis.
ULO 3 Discuss the importance and implications of ethical representations of government macroeconomic policies
ULO 4 Research and argue advanced macroeconomic issues and policy.
ULO 5 Communicate an understanding of advanced macroeconomic theories and practices.
ULO6 Gain an understanding of the contribution made by female economists to the history of economic thought.
Timetabled Learning Activities 2 hour workshops
All offerings of this unit include the equivalent of 30 hours of structured learning.
Unit Learning Experiences The unit is delivered using blended learning design features with core unit materials provided in a digital format followed up by small class knowledge application and skills development. This is enhanced by self-directed learning to further develop skills and application of knowledge to practical and current issues.
Assessment Essay - 40%
Presentation 20%
Final Exam - 40%
Prerequisites BUS289 Macroeconomics A or BUS260 Macroeconomics A
Exclusions Students who have successfully completed BUS360 Macroeconomics B may not enrol in this unit for credit.
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.


Unit Coordinator
Dr Ranald Taylor
Senior Lecturer in Economics

Murdoch Campus
t: 9360 2533
e: Ranald.Taylor@murdoch.edu.au
o: 512.2.015 - Murdoch Business School, Murdoch Campus
Unit Contacts

MURDOCH: S2-External
MURDOCH: S2-Internal
Dr Ranald Taylor
Senior Lecturer in Economics

Murdoch Campus
t: 9360 2533
e: Ranald.Taylor@murdoch.edu.au
o: 512.2.015 - Murdoch Business School, Murdoch Campus

Ms Vanessa Grida

Murdoch Campus
t: 9360 2254
e: Vanessa.Grida@murdoch.edu.au
o: 512.2.032 - Murdoch Business School, Murdoch Campus
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