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student feedback and leadership - Office for Learning and Teaching

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Student Feedback & Leadership<br />

<strong>for</strong> regular self study should also be rein<strong>for</strong>ced. The textbook change was also<br />

made in Semester 2. The new text book aims to improve the level of <strong>student</strong><br />

engagement by providing <strong>student</strong>s with supplementary online resources<br />

including solutions, videos <strong>and</strong> case studies.<br />

ECON1010 – Macroeconomics 1<br />

First Semester 2008:<br />

Macroeconomics 1 undergoes regular changes <strong>and</strong> updates with a more<br />

substantial re-work of materials undertaken approximately every three or four<br />

years. In mid-2006 a decision was made to change textbooks <strong>and</strong> publishers.<br />

As such, the course was to be re-written with the goal of ‘going live’ in 2008.<br />

There were a number of reasons <strong>for</strong> the change. The new textbook allowed<br />

a more ‘modern’ approach to teaching macroeconomics. The authors had<br />

worked Keynesian theory into the AS/AD model with the approach that<br />

Classical theory is more the long-run perspective of the economy <strong>and</strong><br />

Keynesian the short run. This approach freed up room in the course to now<br />

introduce some new areas such as the exchange rate market. Furthermore,<br />

the use of the Comm<strong>and</strong>ing Heights DVD series in the course was introduced.<br />

The goal of using these DVDs is to help the <strong>student</strong>s connect the theory with<br />

reality <strong>and</strong> ensure they understood the significance of the course regardless<br />

of the degree they are undertaking.<br />

2007 was there<strong>for</strong>e dedicated to re-working the course to integrate both the<br />

new textbook <strong>and</strong> the Comm<strong>and</strong>ing Heights series into the course. In previous<br />

years, the text was simply additional to the course – extra reading. The new<br />

text was to be embedded in the course.<br />

In 2008, the redeveloped course was launched together with the Comm<strong>and</strong>ing<br />

Heights DVD in all locations (Hong Kong had been used as a preliminary trial<br />

in September 2007). The course was modified in both content <strong>and</strong> delivery <strong>for</strong><br />

the various locations to accommodate the different economic systems in place<br />

(specifically the type of monetary policy undertaken <strong>and</strong> the methodology used<br />

in teaching the exchange rate model – direct or indirect) <strong>and</strong> the difference<br />

in delivery mode.<br />

In Melbourne, there is a two, to two <strong>and</strong> a half, hour lecture which incorporates<br />

the viewing of the DVD series (about 20 minutes in eight of the 12 lectures).<br />

There is also a two hour <strong>feedback</strong> session. In the <strong>feedback</strong>, <strong>student</strong>s are<br />

provided with a ‘test’ which consists of approximately 10 multiple choice<br />

questions <strong>and</strong> a number of short-answer problems (past exam questions).<br />

They have 30 minutes to complete the test under <strong>for</strong>mal test conditions.<br />

The academic than spends between an hour <strong>and</strong> an hour <strong>and</strong> a half going<br />

through each of the questions while <strong>student</strong>s ‘mark’ their own paper. The level<br />

of <strong>student</strong> interaction varies from class to class but the general response from<br />

<strong>student</strong>s, both in<strong>for</strong>mally <strong>and</strong> through the CES, is that they enjoy the sessions<br />

<strong>and</strong> find them extremely useful.<br />

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