Macroeconomics

Qualification: Undergraduate unit
Study mode: Online
Payment options: HECS-HELP may be available
FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: Swinburne University of Technology
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

Want more course info?

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

About this unit

On successful completion of this online Macroeconomics unit from Open Universities Australia and Swinburne University of Technology, students will be able to interpret economic data, and use graphs to represent economic theory and practice.

You will also be able to clearly articulate culturally sensitive and ethical reasoning to economic issues. Learning to communicate a range of economic arguments using a variety of media is also a core competency of the unit.

You will also be able demonstrate collaborative skills and peer learning through practice in diverse groups.

Eligibility

Applicants must meet the criteria to be eligible to enter this program: You cannot enrol in this unit if you have successfully completed any of the following units because they are considered academically equivalent:

  • Macroeconomics
  • ECO12 — Macroeconomics 1

You must have successfully completed the following unit before enrolling in this unit:

  • Microeconomics

Areas of study

In this Macroeconomics unit, the topics you will study include:

  • Economic output
  • Determination of output, employment and prices using an AD/AS model
  • The business cycle and unemployment
  • Inflation and its relationship with unemployment
  • Balance of payments, external debt and net foreign liabilities
  • Foreign exchange markets
  • Monetary policy, fiscal policy and policies to promote economic growth
  • Policy overview and assessment

Course pathways

This unit is part of a major, minor, stream or specialisation in the following courses:

  • Bachelor of Business, Swinburne University of Technology
  • Bachelor of Technology (Information Systems), Swinburne University of Technology

Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.

Get more information

Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Want to know more about life as an OUA student? Listen to Suzanne's story.

How will this unit advance my career?

For any student looking to pursue a career in business, economics, or commerce, an understanding of macroeconomic conditions is a must. This unit will teach you how to interpret economic data and understand reasoning behind economic issues, so you can make sound business decisions and conclusions.

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in Macroeconomics from Swinburne University of Technology.
  • Studying online means you can study where you want, at your own pace.
  • Gain industry-relevant skills and transferrable knowledge.
  • Government financial support through FEE-HELP or HECS-HELP may be available.
  • Studying single units allows you the flexibility to work towards a qualification at your own pace.
  • Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA’s full degree programs.

Get more information

Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Financial assistance

If you are an Australian citizen, you may be eligible to receive a government HECS-HELP or FEE-HELP loan, meaning you can defer payment of your fees.

 

Get more information

Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

You may be eligible to receive HECS-HELP or FEE-HELP for this course!

This course can be paid for through the HECS-HELP or FEE-HELP government loan schemes. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.

Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).

Find out more about government study loans here.
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.

OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.

The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.

Get more information

Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

Over 1,000 accredited online courses from leading Australian universities, TAFEs and colleges