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Macroeconomic variables and their measurement. Aggregate supply and aggregate demand. Exchange rate policy. Monetary policy. Fiscal policy. Labour policy.
1. demonstrate an understanding of the contemporary world economy and how it differs from past periods of time.2. discuss the measurement of economic variables and how rises and falls in these variables impact on people.3. explain the reasons for and consequences of Reserve Bank actions.4. identify and explain changes in policy settings and analyse the effects of policy changes on economic outcomes that matter to people.
Stephen Hickson
Mankiw, N. Gregory. , Bandyopadhyay, Debasis., Wooding, Paul; Principles of macroeconomics in New Zealand ; 2nd ed; Cengage Learning, 2009.
The text must be purchased as a bundle with the ECON104 text:Mankiw, N.G. (2012), Principles of Microeconomics (6th ed.). USA: Thomson South Western
Course Outline
Domestic fee $682.00
International fee $3,000.00
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see Department of Economics and Finance .