13509 (v.3) Economic Theory 500

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Area:	School of Economics and Finance
Credits:	25.0
Contact Hours:	3.0
Seminar:	1 x 3 Hours Weekly
Prerequisite(s):	13504 (v.3) Economics (Growth and Fluctuations) 502 or any previous version AND 13506 (v.3) Economics (Markets) 503 or any previous version
Syllabus:	Welfare economics, behavioural macro and microeconomics, game theory and strategic behaviour, the economics of information, open-economy macroeconomics, exchange rates, the theory of micro and macroeconomic policy.
Unit Outcomes:	On completion this unit successful students are able to demonstrate an understanding of the nature of modern economic theory and the way in which it is applied in the public policy environment. Specifically, successful students are able to demonstrate that - They have a knowledge of current theoretical issues in economics. They understand the ways in which economic theory is applied to specific policy issues. They can access and utilise information on emerging theory. They are adept at participating in debates and discussions on economic theory. They can summarise and critically evaluate basic journal articles on economic theory.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References:	The reading material for this unit will comprise journal articles and extracts from a number of books. This material will be made available to students at the start of the semester.
Unit Texts:	No prescribed texts.
Unit Assessment Breakdown:	Abstracts of articles (3) 30%, Final examination 50%, Tutorial exercises/revision questions 10%, Tutorial presentation (1) 10%, Tutorial exercises/revision questions 10%. This is by grade/mark assessment.
Year Location Period Internal Area External Central External 2004 Bentley Campus Semester 1 Y   Y 2004 Bentley Campus Semester 2 Y