Macroeconomic Policy

ECO20004 12.5 Credit Points Hawthorn, Online, Sarawak Available to incoming Study Abroad and Exchange students


  • One Semester or equivalent

Contact hours

  • 36 hours

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.

2021 teaching periods


Higher Ed. Semester 1 Higher Ed. Semester 2

1 Mar 21 - 30 May 21

6 Jul 21

Last self enrolment:
14 Mar 21

31 Mar 21

Last withdraw without fail:
16 Apr 21

2 Aug 21 - 31 Oct 21

7 Dec 21

Last self enrolment:
15 Aug 21

31 Aug 21

Last withdraw without fail:
17 Sep 21

More teaching periods

Swinburne Online

Teaching Period 2

5 Jul 21 - 3 Oct 21

26 Oct 21

Last self enrolment:
18 Jul 21

30 Jul 21

Last withdraw without fail:
20 Aug 21


Completion of a unit that is very similar in content or the content overlaps with another unit.

Aims and objectives

The objectives of Macroeconomic Policy are for students to (i) understand how to evaluate macroeconomic conditions such as growth, unemployment and inflation; (ii) understand how fiscal and monetary policies can be used to influence short-run macroeconomic conditions; and (iii) understand media accounts of macroeconomic issues. ECO20004 is a useful unit for students who want to major in economics, accounting, finance, law and other business disciplines as it provides a coherent framework for considering many topical issues concerning the operation of macroeconomy in a contemporary international setting.
Students who successfully complete this Unit should be able to:
1. Analyse current macroeconomic policy issues such as GDP growth, government debt, budget and current account deficits, inflation-targeting policy and changes in the cash rate;

2. Understand macroeconomic theories at an intermediate level focusing on both the short- and long-run topics; together with popular debate and specific policies and their outcomes in macroeconomics.

3. Evaluate the monetary and fiscal policies aimed at stabilising the economy utilising the aggregate demand and supply framework; and

4. Work collaboratively in a team environment, to achieve set goals related to the building of knowledge of economics