Leader: Associate Professor John Madden
Clayton Second semester 2006 (Day)
Synopsis: This course surveys contemporary macroeconometric and applied general equilibrium models as they are used for policy analysis. The focus of these models extends from fiscal, monetary and tax policy, through trade, tariffs and industry policy, to the environment and greenhouse gases. In their major written assignment, all students are expected to come to grips with some of the practical issues involved in policy modelling.
Assessment: Written (assignments and exercises): 40% + Examination (3 hours): 60%
Contact Hours: Two 1.5-hour lectures per week