ECON1020 – Introductory Macroeconomics
Lecturer | Associate Professor Kam Ki Tang |
Course Link | UQ Site |
Faculty | BEL |
Prerequisites | None |
Contact Hours | 2 Lecture hours, 1 Tutorial hour |
Semester(s) Taught | Semesters 1 + 2 |
Course Units | 2 |
Lecturer | Associate Professor Kam Ki Tang |
Course Link | UQ Site |
Faculty | BEL |
Prerequisites | None |
Contact Hours | 2 Lecture hours, 1 Tutorial hour |
Semester(s) Taught | Semesters 1 + 2 |
Course Units | 2 |
64.8/100
I had Professor Ian King for this course and it has so far been the worst course I have taken at Uni over the past 3 years. The lectures are mind numbingly boring, over complicated and he made no attempts to link theory to real world examples or try and make it interesting for us. I did this course at the same time as doing two second year courses and a third year course and found myself using up far more time on this course than the others, doing my own research trying to understand concepts he hadn't explained competently. Despite this, I barely scraped through with a pass after all my hard work, and I know more than a couple of friends who failed this course even after putting in quite a lot of effort. Extremely frustrating and disappointing course... UQ really needs to find a more competent and enthusiastic course coordinator.
Semester 1 - 2017
BBusMan
No
No
This course is extremely dry and would much prefer ECON1010 over this course.
A few parts of 1020 can be improved tenfold to make this course 10x better:
1) Reduce the number of CML quizzes. Gets really repetitive and you want to fall asleep after the 2nd one
2) More assignments. The lack of assignments literally killed me
3) Less weighting on the final exam to evenly distribute the marks across the 6 assessment pieces
On the upside though, the slides were set out really well so that was a positive.
Semester 2 - 2016
Bachelor of Arts
Yes
Somewhat
This semester I had Bruce Littleboy. Really hated his lectures - he was super old and spoke extremely slowly and I consider this to be a cure to my insomnia. The final exam seemed really easy but was far from it (got 19/55). The few tutorial classes prior to the exam were a good indicator to what was going to be on the exam. The best way to pass the course was to do CMLs and focus on doing extremely well for the midsemester exam. Bruce was a bit stingy by omitting some slides that was discussed in lectures from lecture recordings and most often this related to exam questions. As a result his concept priority questions (which are on exams) are not on lecture slides and you must watch the entire lecture recording find the answers if you did not attend the relevant lecture. In retrospect, lecture attendance is really encouraged. From reading other reviews of this course, they are pretty accurate.
Semester 2 - 2016
Business Management
Nope
Nope
ECON1020 is a fairly interesting course. It covers macroeconomic topics such as unemployment, monetary policy, and GDP. The (mid and final) exam questions were somewhat predictable. You will probably be given a mock exam to practise for the final.
Tips:
- Enroll and attend all of the PASS (Peer Assisted Study Sessions) and tutorials
- At least try to answer all of the tutorial questions before going to your tutorial
- The lecturer will probably drop a few hints on what will be on the exam, so listen carefully
Semester 1 - 2016
Commerce (Accounting)
Yes (use the recordings to help with revision)
No, but it can help clarify some concepts
This subject is very interesting and it helps you understanding basics of macroeconomics. However at the same time, passing the exam(mid+final) could be very difficult if you don't attend all the lectures and tutorials (PASS is not necessary but helps your understanding in the course) since the exam questions demand good understanding in the course. Lots of my friends and people failed the subject because they didn't prepare for the final (The RBA minute) Please be prepared for this course, this course is hard to pass (or at least get HD, D) without putting some effort in. Especially if you are thinking to take the subject in semester 2 (the lecturer is very nice and funny but exams are super harddd)
Semester 2 - 2015
B.Com
Yes
YES!
Pretty boring course, content was easy to understand and Littleboy is a funny lecturer. He has no patience or tolerance for fools in his lecture room which was hilarious to listen to.
Very little of what was taught was interesting (to myself at least) but the exam was mostly pre-published and the lecturer tells you a lot of what was going to be directly examined, super useful.
Don't need to attend lectures, pass or tutorials. Just read the slides and I would recommend listening to the lectures if you don't attend as Littleboy (if you have him) likes to talk about a lot more than the slides show. He's semi-interesting and can listen to him at 2x speed without a worry.
Unfortunately you will need the textbook to do well. It's very well written and flows coherently.
Semester 2 - 2015
B Arts
Not at all
Yes 100%
This course had potential to be really good but it has been structured very strangely. This course has very high fail rates so they are always messing with it. The biggest problem I found was that the exams are very much harder than any other content in the course. The tutorials ans PASS are very easy which is quite misleading. There are a lot of confusing concepts and terms which are not explained very clearly. The lecture slides are of low quality and are often very confusing. The lecturer is very reluctant to use maths in the course which makes simple concepts even more confusing. They should make math1050 or 1051 a prerequisite so we can stop qualitatively describing economics using complex terminology.
The topics are interesting and relevant. It's a shame that this course doesn't reach its potential.
The course overall needs more focus and clarity.
Semester 1 - 2015
Bsc/BBusMan
Yes
Yes
Enjoyed this course much more than ECON1010 (microeconomics). The lecturer KK Tang I liked very much and used current real life examples which supplement the learning material. Definitely recommend attending lectures and tutorials, however, exam material isn't derived from PASS classes so unless you really struggle with economics, they aren't overly helpful. I highly recommend completing the tutorial submissions for the 7% bonus marks (as long as you have a decent go at the questions you'll get the marks, answers don't have to be right), as they not only give you additional percentages but they really help you learn the content. The textbook I found helpful to clarify anything I didn't understand, plus some exam MCQs came from the textbook which weren't taught in lectures or tutorials.
Semester 1 - 2015
BBus Man/Com
Yes
Yes
This course is very difficult. VERY. I failed 3 times because all 3 times the final exam was worth more than 65% of your final grade which is ridiculous. If you did Maths A in high school, please be aware that there is a high degree of assumed prior knowledge in terms of maths and graphing skills - this makes it hard to study as you need to learn the math first then learn the content. Assessment was weighted extremely highly in the final exam with tiny percentages awarded to painstakingly long tutorial activities (max 0.7% for 3 hours of writing).
On a good note though, the lectures and lecture slides were amazing - so well written, very informative and so so so so helpful when trying to study for the final exam. The lecturers (I had KK Tang, Bruce Littleboy and also Dr James Laurenceson in my times of doing it over and over again) were fantastic at explaining content , the only thing was that the course had sooooo much content to learn you just feel like you're always one step behind what they're teaching. Please, please, please do not miss a lecture because if you do, you'll fall behind so quickly its not funny. Same goes for the tutorials - just go to them - don't even contemplate skipping them cause you'll likely fail the course. Overall, horribly hard course, time consuming and ridiculously weighted assessment.
Hated all 3 semesters of my life when I was doing it.
Semester 1 - 2013
BBUS
Yes, absolutely
Yes, definitely
Overall a good course that introduces the concepts in Macroeconomics, the quantitative side is kept relatively light and to the point. The course explores a variety of topics focusing in further studies within economics but students from other majors might also get a lot of value out of it. Dr. Bruce Littleboy is a good lecturer although sometimes was difficult to keep up with some concepts due to the density of the material, moreover reading the textbook is a must otherwise many concepts are left out.
Semester 2 - 2014
Bachelor of Economics
No
Absolutely
Worst Macroeconomic course i've done.
Lecturer : KK Tang
> Poor course structure
> MCQs are heavily weighted which is bullsh**t! This is a macroeconomic course we are supposed to understand the big picture. Needs more short essays.
> Worst of all, most of these 'MCQs' were ambigous or the lecturer was trying to be too smart.
> Also he made us buy the new text book which was very expensive.
Semester 1 - 2014
Bachelor of Economics
Yes
Yes
The course was well structured and was very much real world based.
The lectures focused on the real world implications of the theory, which was very handy and made the content easier to understand and digest.
KK was very open and forward coming with media stories and the like, and encouraged contact through Blackboard and Email in which all queries were responded to very quickly.
The tutorial papers and cash rate forecasting exercise made for some very easy marks, however assisted in comprehending the content.
A great course and great lecturer.
Semester 1 - 2014
BEcon/ Ba
Semester 1 2014 used a new format for teaching of ECON1020.
KK (lecturer) decided to focus more on the practical implications when compared to Littleboy who prefers theory heavy content (Littleboy wrote the textbook). KK uses plenty of real life examples (Notably China!) which makes the content alot easier to understand and assists students when attempting questions.
The course had plenty of learning materials such as a textbook, lecture slides, tutorial, PASS and optional readings which relate to real life examples. The discussion board was actively patrolled by the Tutorial Coordinator (J, Adams) and KK.
The assessment is fairly decent however, KK decided that multiple choice should account for 80% total marks of the course which is a little disproportional when considering that multiple choice is not used actively in tutorial or PASS papers. Otherwise, the cash rate and tutorial paper activities allowed students to obtain easy marks throughout the course.
Semester 1 - 2014
Bachelor of Commerce (Accounting)
Good course, excellent, knowledgeable lecturer. Interesting work and lots of opportunity to extend yourself beyond what is required.
Semester 1 - 2014
BCOMM - Finance
This course was hard to understand most of the time. Doing outside-of-university research I discovered a lot of the content was actually false.
The tutorials were frustrating because if you missed more than 2, you would miss out on the entire 20% mark.
Semester 2 - 2011
Bachelor of Arts