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ECON 206 provides an understanding of fluctuations of aggregate activity, the growth of a country’s standard of living, and how government choices affect these things. We study how people's and firms' decisions about consumption, saving, and investment affect their welfare and wealth, a country’s exports and capital flows, and the values of interest and exchange rates. We look at the role of money, inflation, credit, and the financial system in the economy. We use the aggregate demand and supply model to understand why the economy fluctuates and what it means for people's employment and income. Then we see if the government can stop or mitigate the effects of the fluctuations. Finally, we look at how we can improve our standard of living through economic growth.
1. demonstrate an understanding of how aggregate economic variables are determined by the choices made by households, businesses, and government.2. explain what happens to aggregate economic behaviour when there is a change in the underlying behaviour of a part of country, or from a change in another country.3. analyse the effects
This course will provide students with an opportunity to develop the Graduate Attributes specified below:
Critically competent in a core academic discipline of their award
Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.
Employable, innovative and enterprising
Students will develop key skills and attributes sought by employers that can be used in a range of applications.
Globally aware
Students will comprehend the influence of global conditions on their discipline and will be competent in engaging with global and multi-cultural contexts.
ECON104 and ECON105
Students must attend one activity from each section.
Philip Gunby
Domestic fee $868.00
International fee $4,075.00
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see Department of Economics and Finance .