The United States economy is the world's largest and has a major influence on the Australian and global economies. This unit examines the main institutional features of the US economy and their role in determining US economic growth, the business cycle and other contemporary economic policy issues. The US economy's interactions with the rest of the world are also considered, with a particular focus on Australia's trade and investment relationship with the United States.
Taught in Semester 2, 2019
1 x 2 hour seminar per week
25% book review (2000 words)
25% multiple choice problem set (500wd equiv)
50% research essay (3000 words)
Visit the University of Sydney website for information about fees, cross-institutional and non-award study, and more.
The US dollar exchange rate has become increasingly politicised. President Donald Trump has called for a weaker exchange rate, a move away from a long-standing and bipartisan rhetorical position favouring a "strong dollar"...