RMIT University Vietnam
Ho Chi Minh City, Vietnam
Area of Study
Taught In English
Pre-requisite Courses and Assumed Knowledge and Capabilities
Macroeconomics 1 (ECON1010 or equivalent code) or its equivalent introductory course from another tertiary institution.
Host University Units12
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4.5
Hours & Credits
The aim of this course is to extend your understanding of the workings of the macroeconomy and its effect on individuals and businesses. It will also introduce students to various economic models and schools of economic thought that can be used to interpret and analyse economic phenomena both domestically, and globally, as well as over time.
Objectives/Learning Outcomes/Capability Development
On successful completion of this course you will be able to:
- Understand the major institutions within the national economy, how the macroeconomy is measured, how different sectors interact and evolve over time, and how these changes influence social welfare and the business environment.
- Critically evaluate contemporary and historical macroeconomic policy developments and debates between major schools of thought.
- Use rigorous modelling frameworks to understand macroeconomic issues and support decision making.
- Identify and analyse current macroeconomic problems and formulate and communicate associated policy responses.
Overview of Learning Activities
To achieve the desired learning outcomes the course requires students to participate in the following learning experiences:
- Attendance at, and note-taking during scheduled seminars/lectures/tutorials.
- Reading of, and note-taking from prescribed texts, and other references.
- Participation in the demonstration lectures/tutorials in terms of answering questions, raising issues, and enhancing general discussion.
In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities possibly comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.
Overview of Learning Resources
Various learning resources are available online through myRMIT/Blackboard. In addition to topic notes; assessment details and a study schedule you may also be provided with links to relevant online information; readings; audio and video clips and communication tools to facilitate collaboration with your peers and to share information.
Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT library website.
Additional resources and/or sources to assist your learning will be identified by your course coordinator will be made available to you as required during the teaching period.
Overview of Assessment
The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:
Assessment Task 1: 10%
Linked CLOs: 1, 2, 4
Assessment Task 2: 40%
Linked CLOs:1, 3, 4
Final Examination: 50%
Linked CLOs: 1, 2, 3, 4
Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.