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ECON 206 provides a basic understanding of the theoretical foundations of macroeconomics at the intermediate level. The course develops a coherent framework to understand the determination of macroeconomic variables such as national output, unemployment, inflation, interest rates, trade deficits, and exchange rates. This theoretical framework is used to interpret macroeconomic data and to analyze macroeconomic policy. The objective of this course is to help students think independently and critically about macroeconomic policies.
1. demonstrate an understanding of how aggregate economic variables are determined by the choices made by households, businesses, and government.2. explain what happens to aggregate economic behaviour when there is a change in the underlying behaviour of a part of country, or from a change in another country.3. analyse the effects of policy and other changes on aggregate economic outcomes that matter to people.
ECON104 and ECON105
ECON201
Philip Gunby
Mankiw, N. Gregory; Macroeconomics ; 7th ed; Worth Publishers, 2009 (The 8th edition will be released shortly and it is the 8th edition which will be the course text).
Course Outline
Domestic fee $709.00
International fee $3,063.00
* 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 .