Macroeconomics Assignment Help Australia

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Macroeconomics is the branch of economics that mainly deals with the structure of the economy and its performance as a whole rather than focusing on markets individually. This comprises national, regional and global economies. The indicators of macroeconomics are gross domestic products, unemployment and price index. Macroeconomics makes attempts to explain the relationship between the following rational factors: national income, output, consumption, unemployment, inflation, savings, investment, international trade and international finance. Microeconomics is based on the following concepts: scarcity, choice and opportunity cost, production possibility curve, demand, supply and market equilibrium, comparative advantage, specialization and exchange.

The determinants of aggregate demand, aggregate supply and macroeconomic equilibrium are used in national income and price determination. Macroeconomics considers the performance of all markets in the entire market system influenced largely by the large subsectors of the economy that is the household sector. Macroeconomics can also be used to study the market interrelationship between two or more trading countries. In a nutshell, the scope of microeconomics includes looking at the success or failure of government policies, taking into consideration that these are the biggest influencers of market performance.

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List of Universities Offering Macroeconomics Course

• University of New Castle
• University of South Australia
• Swinburne University of Technology
• University of Queensland
• Victoria University
• University of Tasmania
• University of Adelaide
• University of New England
• Federation University
• University of Melbourne
• Curtin University

The aforementioned universities in Australia are renowned for their quality of teaching and research and theyoffer distinct inter-related degree courses.

Structure of Course

The Graduate program of macroeconomics tends to cover several areas of units as mentioned below:

• Key concepts of macroeconomics
• Theories of inflation.
• GDP along with the circular flow of income.
• Monetary policy, interest rates, and banking.
• Determination of economic activities
• International trade and exchange rates.
• Fiscal policy, deficits and public or household debt crises.
• Contemporary debates of macroeconomic policy.

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Learning Outcomes of Course

After completing the course successfully, students will become capable in:

• Utilising fundamental concepts and theoretical principles of macroeconomics for understanding the macroeconomics evolution and how it influences the welfare of households and business organisations’ sustainability.
• Reviewing economic data and using numerical and graphical methodologies to analyse such data.
• Demonstrating macroeconomics as a contested discipline possessing different intellectual perspectives to manage the macro-economy.
• Adopting critical and adaptive thinking for the assessment of current media and governmental reports with specific reference to Global economics events and shocks.
• Interpreting and effectively communicating economic policies and processes to suit the audience.
• Demonstrating the significance of Macroeconomics for a well-rounded education with respect to the disciplines of Business and Commerce.

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Career Opportunities

After completing the macroeconomics graduate degree, you can get employed in several areas, such as finance and public policy. With this degree, you can the trends of the industry, labour markets, prospective for individual companies, and also the forces driving the economy. The potential job roles after completing the degree course are listed below:

• Economist
• Market Research Analyst
• Credit Analyst
• Economic Consultant
• Financial Analyst
• Compensation and Benefits Manager
• Actuary

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