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Quantitative economic policy ( 6 points, SCA Band 2, 0.125 EFTSL)

Undergraduate, Postgraduate

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

Prerequisites: ECC2010 and one of ETC3400 or ETC3410