UNIT OUTLINE

UNIT OUTLINE
UNIT OUTLINE
Read this document to learn essential details about your unit. It will
also help you to get started with your studies.
BEA320
Macroeconomic Theory and Policy
Semester 1, 2015
THIS UNIT IS BEING OFFERED IN:
HOBART
Taught by:
Dr Mala Raghavan
CRICOS Provider Code: 00586B
BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Contents
Contact Details ........................................................................................................................................ 2
Unit Description ...................................................................................................................................... 3
Prior Knowledge &/or Skills OR Pre-Requisite Unit(s) ............................................................................ 3
Enrolment in the Unit ............................................................................................................................. 3
When does the unit commence? ............................................................................................................ 3
Intended Learning Outcomes and Generic Graduate Attributes for BEA320......................................... 4
Learning Expectations and Teaching Strategies/Approach .................................................................... 5
Learning Resources ................................................................................................................................. 5
Student Feedback via eVALUate ............................................................................................................. 7
Details of Teaching Arrangements .......................................................................................................... 8
Assessment ............................................................................................................................................. 9
Submission of Assessment Items .......................................................................................................... 12
Review of Assessment and Results ....................................................................................................... 13
Further Support and Assistance ............................................................................................................ 14
Academic Misconduct and Plagiarism .................................................................................................. 15
Study Schedule ...................................................................................................................................... 16
Tutorial/Workshop Schedule ................................................................................................................ 17
Contact Details
Unit Coordinator and Lecturer:
Dr Mala Raghavan
Campus:
Hobart, Sandy Bay
Room Number:
46A
Email:
[email protected]
Phone:
Consultation:
Tuesday 11.00 am to 12.00 noon
To arrange an appointment at any other time please send
Mala an email.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Unit Description
This unit presents students with an advanced undergraduate level treatment of macroeconomic
theory and policy. The unit provides an analysis of macroeconomic theory and development of
modern macroeconomic modelling framework with emphasis on the role of monetary policy, fiscal
policy and open economy influences on economic outcomes. It also concentrates on the theory and
empirics of exogenous and endogenous growth models and the issues surrounding convergence.
Students will learn to critically discuss and examine current economic conditions and policies using
rigorous economic theoretical frameworks.
The unit builds upon formulations of both macro and microeconomics, and quantitative methods.
This unit is in the compulsory core of the Economics Analysis major in the BEc and may be taken as
an elective in any BEc programme.
Prior Knowledge &/or Skills OR Pre-Requisite Unit(s)
Knowledge of calculus and regression analysis.
Familiarity with the IS-LM or the IS-MP-MR economic frameworks.
Literacy in written and spoken English.
Enrolment in the Unit
Unless there are exceptional circumstances, students should not enrol in this unit after the end of
week two of semester, as the Tasmanian School of Business and Economics (TSBE) cannot guarantee
that:


any extra assistance will be provided by the teaching team in respect of work covered in the
period prior to enrolment; and
penalties will not be applied for late submission of any piece or pieces of assessment that were
due during this period.
When does the unit commence?
The unit’s teaching schedule commences in the week beginning 23 February, 2015.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
4
Intended Learning Outcomes and Generic Graduate Attributes for BEA320
INTENDED LEARNING OUTCOMES
In this unit you will learn:
Learning Outcome 1
Apply theoretical macroeconomic models to
discuss the behaviour of households, firms
and government in the short-run and in the
long-run and apply an economic way of
thinking to discuss the real world problems.
Learning Outcome 2
In assessing this unit I will be looking at
your ability to:
1.1
1.2
1.3
2.1
Use appropriate economic model s and
graphical techniques to
(i) support the economic analysis of closed
and open economies,
(ii) assess various macroeconomic issues and
policies.
2.2
2.3
Learning Outcome 3
3.1
Discuss critically from various perspectives, a
range of contemporary and topical
macroeconomic related issues.
3.2
3.3
3.4
ASSESSMENT
METHODS
GRADUATE ATTRIBUTE OUTCOMES
In class participation,
• Summary exercises
• Presentations,
• Essay,
• In-class test,
• Examination.
The teaching activities and assessments in this unit
have been designed to develop the following graduate
attributes in students:
Select and apply
macroeconomic models.
Forecast the outcomes of
changes in the economy in the
short run and in the long run.
Explain how economic policy
relates to theory.
•
Use graphical and/or
mathematical analysis to
explain macroeconomic
outcomes.
Use statistical tools to relate
empirical evidence to
economic theory.
Combine microeconomic
concepts into macroeconomic
frameworks.
•
Research and critique existing
analyses of the economy.
Critically appraise empirical
evidence and relate it to
economic theory.
Develop and justify in an oral
form an argument to an
audience.
Report on and defend the
presented argument in a
written form.
•
In class participation,
• Summary exercises
• Presentations,
• Essay,
• In-class test,
• Examination.
In class participation,
• Summary exercises
• Presentations,
• Essay,
• In-class test,
• Examination.
Knowledge:
Functioning knowledge of the macroeconomic way
of thinking, and ability to transfer knowledge to
complex and uncertain macroeconomic issues.
Ability to transmit advanced level of macroeconomic
knowledge to professional peers for critical
discussion. Functional lifelong learning for
professional and career aspirations.
Problem solving:
Independent, logical and creative thinking for
solving complex macroeconomic problems. Ability
to critically evaluate complex macroeconomic
theories and practices and apply them to
macroeconomic problems. The ability to use,
analyse and evaluate effectively using information
from a wide range of formats.
Communication Skills:
Participation in critical macroeconomic discussion
with the ability to defend a position. Written
communication and presentation skills to articulate
the use of macroeconomic theory in a manner
appropriate to audience needs.
Global Perspective:
The ability to use macroeconomic knowledge and
theory to evaluate policy making in the global
economic environment.
BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Learning Expectations and Teaching Strategies/Approach
The University is committed to a high standard of professional conduct in all activities, and holds its
commitment and responsibilities to its students as being of paramount importance. Likewise, it
holds expectations about the responsibilities students have as they pursue their studies within the
special environment the University offers. The University’s Code of Conduct for Teaching and
Learning states:
Students are expected to participate actively and positively in the teaching/learning
environment. They must attend classes when and as required, strive to maintain steady
progress within the subject or unit framework, comply with workload expectations, and
submit required work on time.
These are some of the expectations we have of you as a student enrolled in this unit:
Work, Health and Safety (WH&S)
The University is committed to providing a safe and secure teaching and learning environment. In
addition to specific requirements of this unit, you should refer to the University’s policy at:
www.utas.edu.au/work-health-safety.
Learning Resources
Prescribed Text
It is essential that you have ready access to the following prescribed text:

Carlin and Soskice, Macroeconomics: Imperfections, Institutions and Policies, Oxford
University Press, 2006: ISBN: 978-0-19-877622-2
Recommended Texts
Additional readings will be available on MyLO.
Other Recommended Resources
In addition to the texts recommended above, students are also expected to be familiar with the key
academic journals in the discipline from which useful insights may be derived.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
My Learning Online (MyLO)
Access to the MyLO online learning environment unit is required for this unit. The unit has its own
MyLO site.
To log into MyLO and access this unit, go to: http://www.utas.edu.au/mylo. To access the unit,
select BEA320. These instructions will help you to log in for the first time.
For help using MyLO go to http://www.utas.edu.au/mylo.
Technical requirements for MyLO
For help and information about setting up your own computer and web browser for MyLO, see:
http://uconnect.utas.edu.au/
While on campus, you can access the University network and MyLO via a laptop computer or other
mobile device. See: http://www.utas.edu.au/service-desk/uconnect/uconnect-on-campus
MyLO can be accessed via Library computers and in computer labs on campus. See:
http://www.utas.edu.au/it/computing-distributed-systems/computer-labs-facilities-and-locations
For further technical information and help, contact the UTAS Service Desk on 6226 1818 or at
http://www.utas.edu.au/service-desk during business hours.
Learning to use MyLO
When you log into MyLO, you will see a unit called Getting Started with MyLO. Enter this unit to
learn more about MyLO, and to practise using its features.
MyLO Expectations
1.
Students are expected to maintain the highest standards of conduct across all modes of
communication, either with staff or with other students. Penalties may be imposed if the Unit
Coordinator believes that, in any instance or mode of communication, your language or
content is inappropriate or offensive. MyLO is a public forum. Due levels of respect,
professionalism and high ethical standards are expected of students at all times.
2.
Submission of assessment tasks via MyLO presumes that students have read, understood and
abide by the requirements relating to academic conduct, and in particular, those requirements
relating to plagiarism. All work submitted electronically is presumed to be “signed-off” by the
student submitting as their own work. Any breach of this requirement will lead to student
misconduct processes.
3.
MyLO is an Internet service for teaching and learning provided by the University. It is
expected that you check your units in MyLO for updates at least once a day.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Using MyLO for BEA320
IMPORTANT!: Before you are provided with access to your unit’s MyLO resources, you must
complete the Student Agreement form. To do this:
1. Access the unit’s MyLO site.
2. Locate the Begin Here folder and click on it to open it. You can find the Begin Here folder by
scrolling down until you see Content Browser OR by clicking on the Content button.
OR
3. Once you have opened the Begin Here folder, click on the Student Agreement file.
OR
4. Read the terms, then check the I agree box. You should now be able to access all available
unit content on MyLO. You only need to do this once in each MyLO unit.
Other important resources on MyLO
Students are expected to regularly check on MyLO for any updates in relation to the unit. Essentially,
MyLO has been incorporated into the delivery of this unit to enhance students’ learning experience,
by providing access to up-to-date course materials, and allowing for online discussion. In addition to
the lecture slides which are uploaded on MyLO on a weekly basis, other unit-related materials such
as supplementary readings and assessment guides can also be accessed on MyLO. Further, students
are also expected to engage in an active discussion about issues related to the unit through the
discussion forums or chat rooms that are available on MyLO: this is particularly helpful for distance
students who may utilise the facilities available on MyLO to contact their fellow distance students
and form groups to complete any group assessment tasks for this unit. In this regard, MyLO should
be treated as the unit's critical platform for learning and communication.
Student Feedback via eVALUate
At the conclusion of each unit, students will be asked to provide online responses to a number of
matters relating to the learning and teaching within that unit. All students are asked to respond
honestly to these questions, as all information received is used to enhance the delivery of future
offerings.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Details of Teaching Arrangements
Lectures
Lectures are held weekly, beginning in Week 1 in the SB.Room 207, Lecture Room, Engineering
Building.
Monday 1.00 to 3.00 pm (SB.AP16.L02.207)
Tutorials
Workshops are provided primarily to improve your understanding of the unit’s material. To benefit
most from them, you should come well prepared and should already have attempted the required
readings and workshop exercises. Solutions to selected workshop exercises will be posted on MyLO
following the workshop.
Missing the workshop classes and relying on reading the workshop solutions is a flawed learning
approach that in the past has resulted in students under-performing or failing the unit.
Workshops are held weekly, beginning in Week 2 in the SB.Geo227 Seminar Room
Tuesday; 10.00 to 11.00 am (SB.AS13.L02.227)
Communication, Consultation and Appointments
TO KEEP UP WITH ANNOUNCEMENTS REGARDING THIS UNIT
Check the MyLO News tool at least once every two days. The unit News will appear when you first
enter our unit’s MyLO site. Alternatively, click on the News button (towards the top of the MyLO
screen) at any time.
WHEN YOU HAVE A QUESTION
Other students may have the same question that you have. Please go to the Q&A Forum on our
course’s MyLO site. Check the posts that are already there – someone may have answered your
question already. Otherwise, add your question as a new topic. Students are encouraged to support
each other using this forum – if you can answer someone’s question, please do. We will attempt to
respond to questions within 48 business hours. If your question is related to a personal issue or your
performance in the unit, please contact the appropriate teaching staff member by email instead.
WHEN YOU HAVE AN ISSUE THAT WILL IMPACT ON YOUR STUDIES OR THE SUBMISSION OF AN
ASSESSMENT TASK
If you have a personal question related to your studies or your grades, please contact teaching staff
by email.
A NOTE ABOUT EMAIL CORRESPONDENCE
You are expected to check your UTAS email (WebMail) on a regular basis – at least three times per
week. To access your WebMail account, login using your UTAS username and password at
https://webmail.utas.edu.au/.
You are strongly advised not to forward your UTAS emails to an external email service (such as gmail
or Hotmail). In the past, there have been significant issues where this has occurred, resulting in UTAS
being blacklisted by these email providers for a period of up to one month. To keep informed, please
use your UTAS email as often as possible.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
9
*IMPORTANT* Please email teaching staff when you have a question or issue of a personal nature,
for example, you have a family issue that is affecting your studies. For general questions about the
unit, please add them to the Q&A forum on our unit’s MyLO site. This way, other students can also
benefit from the answers.
We receive a lot of emails. Be realistic about how long it might take for us to respond. Allow at least
two (2) business days to reply. Staff are not required to respond to emails where students do not
directly identify themselves, are threatening or offensive, or come from external (non-UTAS) email
accounts.
When you write an email, you must include the following information. This helps teaching staff to
determine who you are and which unit you are talking about.






Family name;
Preferred name;
Student ID;
Unit code (i.e., BEA320)
Questions
If your question is about an assessment task, please include the assessment task
number or name.
Assessment
Assessment Schedule
In order to pass this unit you must achieve an overall mark of at least 50 percent of the total
available marks. Details of each assessment item are outlined below.
Assessment Items
Due Date
Value/
Weighting
Link to Learning
Outcomes
In-class participation/
summary exercises
Continuous
9%
LO1, LO2,LO3
Presentation
Each group will be assigned a date
7%
LO1, LO2,LO3
Essay
Each group will be assigned a date
14%
LO1, LO2,LO3
In-workshop test
Week 9, 28 April 2014
10%
LO1, LO2,LO3
Final Exam
Exam Period
60%
LO1, LO2,LO3
Assessment Item 1 – In-class participation/summary exercises
Task Description:
During lectures and workshops there will be a number of short exercises and
discussions on topics related to the current lecture material. These will
include manipulating macroeconomic models, examining media reports on
current economic conditions, discussion of economic data and the writing of
summary economic reports. Active participation through discussion,
completing exercises and presenting arguments to the class will be assessed.
Students are required to participate.
BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Task Length
In-class discussions and short summary reports
Assessment Criteria:
Refer to table of learning outcomes on page 4 – 3.3 and 3.4
Link to Unit’s
Learning Outcomes:
LO1, LO2, LO3
Due Date:
Weekly participation
Value:
9%
Assessment Item 2 – Presentation
Task Description:
Out of the 12 weekly workshops, 4 workshops will be selected for
presentation. During each of the selected week, the class will be assigned a
reading and a question relating to that reading. In each of the selected week,
three teams will give a 12-15 minutes power point presentation, critically
discussing the assigned topic. Each team will have two members, where the
team members should divide the presentation time evenly between them.
Topics will be assigned 2 weeks prior to the presentation.
Task Length
12-15 minutes power point presentation per team
Assessment Criteria:
An assessment rubric will be posted on MyLO , refer to learning outcomes
table on page 4.
Link to Unit’s
Learning Outcomes:
LO1, LO2, LO3
Due Date:
During weekly workshops
Value:
7%
Assessment Item 3 – Essay
Task Description:
Each presentation group (consist of two students) is required to submit one
3000 word essay on their assigned presentation topic. The students will be
required to write an essay which critically presents the arguments regarding
the question and coming to a conclusion on the topical issues discussed.
Task Length
3000 words
Assessment Criteria:
An assessment rubric will be posted on MyLO , refer to learning outcomes
table on page 4.
Link to Unit’s
Learning Outcomes:
LO1, LO2, LO3
Due Date:
Assigned essay are due in class one week after the relevant presentation has
taken place. For example if the presentation occurs in class during Tuesday of
week 5, then the essay is due on Monday, 4 pm of week 6 (that is the written
assignment will be due 3 weeks after the topic has been assigned).
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Value:
14%
Assessment Item 4 – In-workshop test
Task Description:
Task Length
In-class test based on the material presented in lectures three to six.
45 minutes
Assessment Criteria:
Short answer questions
Link to Unit’s
Learning Outcomes:
LO1, LO2, LO3
Due Date:
Week 9 – 30 April 2014 in Workshop time
Value:
10%
Assessment Item 5 – Final exam
Task Description:
The final exam will be based on the materials covered from Week 1 to Week
13. The exam consists of multi-part questions.
Task Length
3 hours
Assessment Criteria:
Answer SIX (6) questions only from a choice of EIGHT (8) questions. Each
question is worth 20 marks.
Link to Unit’s
Learning Outcomes:
LO1, LO2, LO3
Due Date:
Exam period
Value:
60%
Your final examination for this unit will be held during the scheduled examination period as
indicated by Student Administration in correspondence to you.
Examinations will normally be scheduled Monday to Saturday inclusive. Examinations may be held
during the day or evening and students should consult the university information which will be made
available towards the end of semester.
You are advised to make any necessary arrangements with employers now for time off during the
examination period to sit this examination. Your participation at the scheduled time is not
negotiable unless there are exceptional circumstances. Note that you will be expected to sit the
examination at your recorded study centre. To find out more go to the Exams Office website:
http://www.utas.edu.au/exams/home.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Submission of Assessment Items
Lodging Assessment Items
Assignments must be submitted electronically through the relevant assignment drop box in MyLO.
Students must ensure that their name, student ID, unit code, tutorial time and tutor’s name are
clearly marked on the first page. If this information is missing, the assignment will not be accepted
and, therefore, will not be marked.
Where appropriate, unit coordinators may also request students submit a paper version of their
assignments.
Please remember that you are responsible for lodging your assessment items on or before the due
date and time. We suggest you keep a copy. Even in ‘perfect’ systems, items sometimes go astray.
Late Assessment and Extension Policy
In this Policy
1. (a) ‘day’ or ‘days’ includes all calendar days, including weekends and public holidays;
(b) ‘late’ means after the due date and time; and
(c) ‘assessment items’ includes all internal non-examination based forms of assessment
2. This Policy applies to all students enrolled in TSBE Units at whatever Campus or geographical
location.
3. Students are expected to submit assessment items on or before the due date and time specified
in the relevant Unit Outline. The onus is on the student to prove the date and time of
submission.
4. Students who have a medical condition or special circumstances may apply for an extension.
Requests for extensions should, where possible, be made in writing to the Unit Coordinator on
or before the due date. Students will need to provide independent supporting documentation
to substantiate their claims.
5. Late submission of assessment items will incur a penalty of 10% of the total marks possible for
that piece of assessment for each day the assessment item is late unless an extension had been
granted on or before the relevant due date.
6. Assessment items submitted more than five (5) days late will not be accepted.
7. Academic staff do NOT have the discretion to waive a late penalty, subject to clause 4 above.
Academic Referencing and Style Guide
Before starting their assignments, students are advised to familiarise themselves with the following
electronic resources.
The first is the Harvard Referencing System Style Guide, which can be accessed from the UTAS
library: http://utas.libguides.com/content.php?pid=27520&sid=199808. The Harvard style is the
appropriate referencing style for this unit and the guide provides information on presentation of
assignments, including referencing styles. In your written work you will need to support your ideas
by referring to scholarly literature, works of art and/or inventions. It is important that you
understand how to correctly refer to the work of others and maintain academic integrity.
Failure to appropriately acknowledge the ideas of others constitutes academic dishonesty
(plagiarism), a matter considered by the University of Tasmania as a serious offence.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
The second is the Tasmanian School of Business and Economics’s Writing Assignments: A Guide,
which can be accessed at: http://www.utas.edu.au/business-and-economics/student-resources. This
guide provides students with useful information about the structure and style of assignments in the
TSBE.
Review of Assessment and Results
Review of Internal Assessment
It is expected that students will adhere to the following policy for a review of any piece of
continuous/internal assessment. The term continuous/internal assessment includes any assessment
task undertaken across the teaching phase of any unit (such as an assignment, a tutorial
presentation, and online discussion, and the like), as well as any capstone assignment or take-home
exam.
Within five (5) days of release of the assessment result a student may request a meeting with the
assessor for the purpose of an informal review of the result (in accordance with Academic
Assessment Rule No. 2 Clause 22 – www.utas.edu.au/university-council/universitygovernance/rules). During the meeting, the student should be prepared to discuss specifically the
marks for the section(s) of the marking criteria they are disputing and why they consider their
mark(s) is/are incorrect. The assessor will provide a response to the request for review within five (5)
days of the meeting.
If the student is dissatisfied with the response they may request a formal review of internal
assessment by the Head of School, with the request being lodged within five (5) days of the informal
review being completed. A Review of Internal Assessment Form is available at the following link:
http://www.utas.edu.au/business-and-economics/student-resources/forms. The form must be
submitted to the TSBE Office.
Review of Final Exam/Result
In units with an invigilated exam students may request a review of their final exam result. You may
request to see your exam script after results have been released by completing the Access to Exam
Script Form, which is available from the TSBE Office, or at the following link –
http://www.utas.edu.au/business-and-economics/student-resources/forms. Your unit coordinator
will then contact you by email within five (5) working days of receipt of this form to go through your
exam script.
Should you require a review of your final result a formal request must be made only after
completing the review of exam script process list above. To comply with UTAS policy, this request
must be made within ten (10) days from the release of the final results (in accordance with
Academic Assessment Rule No. 2 Clause 22 – www.utas.edu.au/university-council/universitygovernance/rules). You will need to complete an Application for Review of Assessment Form, which
can be accessed from http://www.utas.edu.au/exams/exam-and-results-forms. Note that if you
have passed the unit you will be required to pay $50 for this review.
The TSBE reserves the right to refuse a student request to review final examination scripts should
this process not be followed.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Further Support and Assistance
If you are experiencing difficulties with your studies or assessment items, have personal or lifeplanning issues, disability or illness that may affect your study, then you are advised to raise these
with your lecturer or tutor in the first instance.
If you do not feel comfortable contacting one of these people, or you have had discussions with
them and are not satisfied, then you are encouraged to contact:
DIRECTOR OF UNDERGRADUATE PROGRAMS
Name: Mr David Kronenberg
Room: 407, Commerce Building, Sandy Bay
Email: [email protected]
Students are also encouraged to contact their Undergraduate Student Adviser who will be able to
help in identifying the issues that need to be addressed, give general advice, assist by liaising with
academic staff, as well as referring students to any relevant University-wide support services. Please
refer to the Student Adviser listings at www.utas.edu.au/first-year/student-advisers for your
adviser’s contact details.
There is also a range of University-wide support services available to students, including Student
Centre Administration, Careers and Employment, Disability Services, International and Migrant
Support, and Student Learning and Academic Support. Please refer to the Current Students website
(available from www.utas.edu.au/students) for further information.
If you wish to pursue any matters further then a Student Advocate may be able to assist.
Information about the advocates can be accessed from www.utas.edu.au/governance-legal/studentcomplaints.
The University also has formal policies, and you can find out details about these policies from the
following link – http://www.utas.edu.au/registrar/student-complaints/.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
Academic Misconduct and Plagiarism
Academic misconduct includes cheating, plagiarism, allowing another student to copy work for an
assignment or an examination, and any other conduct by which a student:
(a) seeks to gain, for themselves or for any other person, any academic advantage or advancement
to which they or that other person are not entitled; or
(b) improperly disadvantages any other student.
Students engaging in any form of academic misconduct may be dealt with under the Ordinance of
Student Discipline. This can include imposition of penalties that range from a deduction/cancellation
of marks to exclusion from a unit or the University. Details of penalties that can be imposed are
available in the Ordinance of Student Discipline – Part 3 Academic Misconduct, see
http://www.utas.edu.au/university-council/university-governance/ordinances.
Plagiarism is a form of cheating. It is taking and using someone else’s thoughts, writings or
inventions and representing them as your own, for example:
•
•
•
using an author’s words without putting them in quotation marks and citing the source;
using an author’s ideas without proper acknowledgment and citation; or
copying another student’s work.
It also means using ones’ own work from previously submitted assessment items if repeating a unit.
If you have any doubts about how to refer to the work of others in your assignments, please
consult your lecturer or tutor for relevant referencing guidelines, and the academic integrity
resources on the web at http://www.academicintegrity.utas.edu.au/ The intentional copying of
someone else’s work as one’s own is a serious offence punishable by penalties that may range from
a fine or deduction/cancellation of marks and, in the most serious of cases, to exclusion from a unit,
a course, or the University.
The University and any persons authorised by the University may submit your assessable works to
a plagiarism checking service, to obtain a report on possible instances of plagiarism. Assessable
works may also be included in a reference database. It is a condition of this arrangement that the
original author’s permission is required before a work within the database can be viewed.
For further information on this statement and general referencing guidelines, see
www.utas.edu.au/plagiarism/ or follow the link under ‘Policy, Procedures and Feedback’ on the
Current Students homepage.
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BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
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Study Schedule
Week
1
Start of
Week
Monday
23 Feb
Topic/s and activities
Unit Introduction;
Questions Motivating
Macroeconomics;
Aggregate demand and
aggregate supply – IS Curve.
Aggregate demand and
aggregate supply – Imperfect
labour market.
Text
Chapter/s
Chapters 1
and 2
Chapters 2
and 4,
Appendix to
chapter 15
Chapter 3
Due/important Dates
Lecture begins on 23 Feb 2015
2
Monday
2 Mar
Workshops begin on 3 Mar 2015
3
Monday
9 Mar
Inflation and Phillips Curve;
The Three Equation Model: ISPC-MR Model.
4
Monday
16 Mar
Monetary Policy – Three
equation Model.
Chapter 5
5
Monday
23 Mar
Monetary Policy Rule in the ISPC-MR model.
Chapter 5
Presentation 1 on 24 Mar 2015.
Question and Reading for presentation 2 will
be posted on MylO.
6a
Monday
30 Mar
Fiscal Policy.
Chapter 6
Essay on presentation 1 is due on
Question and Reading for presentation 1 will
be posted on MylO.
30 Mar 2015
Mid-Semester Break: 2 – 8 April 2015 inclusive
6b
Classes resume Thursday 9 April
7
Monday
13 Apr
The Open Economy in the Short
Run.
Chapter 9
Presentation 2 on 14 Apr 2015.
8
Monday
20 Apr
Inflation and Unemployment in
the Open Economy.
Chapter 10
Essay on presentation 2 is due on
20 Apr 2015
Question and Reading for presentation 3 will
be posted on MylO.
9
Monday
27 Apr
Policy Analysis in the Open
Economy.
Chapter 11
In-workshop test on 28 Apr 2015
10
Monday
4 May
Interdependent Economies.
Chapter 12
Presentation 3 on 5 May 2015.
11
Monday
11 May
Exogenous Growth Theory.
Chapter 13
12
Monday
18 May
Endogenous Growth Theory.
Chapter 14
Presentation 4 on 12 May 2015.
Essay on presentation 3 is due on
11 May 2015
Essay on presentation 4 is due on
Monday
25 May
Unit Review and Feedback
13
Question and Reading for presentation 4 will
be posted on MylO.
18 May 2015
Examination Period: 6-23 June 2015
BEA320 Macroeconomic Theory and Policy, Unit Outline, S1, 2015
17
Tutorial/Workshop Schedule
Please note that the tutorial schedule commences in week 2 of semester.
Week
2
Start of
Week
Monday
2 Mar
Topic/s and activities
Text Chapter/s
Workshop Exercise 1
Week 1 lecture and
reading materials
Due Dates
3
Monday
9 Mar
Workshop Exercise 2
Week 2 lecture and
reading materials
Question and Reading for Presentation 1
will be posted on MylO.
4
Monday
16 Mar
Workshop Exercise 3
Week 3 lecture and
reading materials
5
Monday
23 Mar
Presentation 1
Reading materials for
presentation 1
Presentation 1 on 24 Mar 2015.
Question and Reading for presentation 2
will be posted on MylO.
6a
Monday
30
March
Workshop Exercise 4
Weeks 4 and 5
lecture and reading
materials
Essay on presentation 1 is due on 30
March 2015
Mid-Semester Break: 2 – 8 April 2015 inclusive
6b
Classes resume
Thursday 9 April
Presentation 2
7
Monday
13 Apr
8
Monday
20 Apr
Workshop Exercise 5
Weeks 6 and 7 lecture Essay on presentation 2 is due on
and reading materials 20 April 2015
Question and Reading for presentation 3
will be posted on MylO.
9
Monday
27 Apr
In-workshop test
Weeks 1 to 6 lecture
and reading materials
In-workshop test on 28 Apr 2015
Question and Reading for presentation 4
will be posted on MylO.
10
Monday
4 May
Monday
11 May
Presentation 3
Reading materials for
presentation 3
Reading materials for
presentation 4
Presentation 3 on 5 May 2015.
11
Reading materials for
presentation 2
Presentation 4
Presentation 2 on 14 Apr 2015.
Presentation 4 on 12 May 2015.
Essay on presentation 3 is due on
11 May 2015
12
13
Monday
18 May
Workshop Exercise 6
Monday
25 May
Workshop Exercise 7
Weeks 8 to 10 lecture
and reading materials
Essay on presentation 4 is due on
18 May 2015
Weeks 11 and 12
lecture and reading
materials
Examination Period: 6-23 June 2015
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