Macroeconomic policy as it affects the open economy; policy consequences of consumption and investment decisions; analysis of policies with respect to the real exchange rate and trade balance; policy responses to assets price movements; policy goals under different international monetary systems; the economic benefits and costs of optimum currency areas; how policy-makers in Australia try to stabilise the economy. -- Course Website
Instructor: Dr Anupama Sethi (Berwick), Professor Eduard Bomhoff (Malaysia)
Prerequisites: Students must have passed ECG1102 or ECW1102 before undertaking this unit.
