MAE307 - Economic Policy and Practice

Unit details

Year

2025 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Andrea La Nauze
Previously:Techniques for Business and Economic Analysis
Prerequisite:

Successful completion of MAE201, MAE203 and MAE256 plus one unit from either MAE301, MAE304, MAE305, MAE306 or MAE312

Corequisite:Nil
Incompatible with: Nil
Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 3 hour on-campus seminar (recordings provided) each week.

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 3 hour recorded seminar each week and 1 x 1.5 scheduled online seminar in weeks 3, 7, and 9 (recordings provided).

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Note:

Online teaching methods require internet access. Please refer to the most current computer specifications.

Content

This unit will provide a capstone experience for students doing an Economics major. It will focus on the integration of knowledge from across the economics major and the consolidation of key skills. It will also provide the opportunity for students to develop their professional identity and enhance the transition of students to the workplace. The emphasis will be on skills economists use in the workplace, such as cost-benefit analysis and policy analysis. These skills cut-across both the government and private sector and are assessed in the unit through team-based research reports.

Learning Outcomes

ULO These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can:

Alignment to Deakin Graduate Learning Outcomes (GLOs)

ULO1 Frame problems in terms of core economic concepts and principles and apply economic reasoning and analytical skills in order to make informed judgements and recommendations.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO2

Communicate relevant economic concepts and/or experiences clearly and concisely. 

GLO2: Communication

ULO3

Reflect on your educational journey so far; identify and distil experiences relevant to professional economists. 

GLO6: Self-management

ULO4

Evaluate your teamwork skills, with a focus on contributions to planning and executing team projects.

GLO7: Teamwork

ULO5

Reflect on the implications of assumptions and value judgements in economic analysis and policy for society’s wellbeing.

GLO8: Global citizenship

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week

Assessment 1: (Individual) Professional Identity

800 words 10% Week 3

Assessment 2: (Group of 3) Report (Analytical)

1500 words

20%

Week 6

Assessment 3: (Individual) Problem based written assignment

1500 words

40%

Week 8

Assessment 4: (Group of 3)
Part A: Presentation 
Part B: Report (Analytical)

Part A: 12 minutes
Part B: 1750 words

Part A: 10%
Part B: 20%

Part A: Week 11
Part B: Week 12

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning resource

The texts and reading list for MAE307 can be found via the University Library.

Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

Estimate your fees

For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.