Introduction to Macroeconomics ECON1002 Notes

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  • UniversityUniversity of Sydney
  • AreaBusiness and commerce
  • CourseECON1002 - Introductory Macroeconomics
  • Course CodeECON1002
1 Purchases
95%Verified Grade
  • Authortraveller
  • Created2016
  • Pages82
  • Approved5 October 2017

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About these notes

These are complete and clear course summary notes for Introduction to Macroeconomics at University of Sydney. The course code is ECON1002.


I used these notes as my main study preparation and they have been formatted to facilitate easy navigation and quick learning of the essential concepts.  The notes are extremely well structured and can be relied on for study in closed or open book exams. The notes are 82 pages of concise, exam focused material designed to anticipate the sorts of exam questions thereby ensuring that the student only focuses on knowing what is required to do well on the exam.


Some major topics covered in these notes include:

  • When Is The Economy Performing Well?
  • The Consumer Price Index: Measuring The Price Level
  • How Can The Perfectly Competitive Model Be Used To Understand Trends In The Labour Market?
  • What Is The Key Assumption Of The Basic Keynesian Model?
  • By What Means Can Fiscal Policy Be Used To Eliminate An Output Gap
  • How Does The Financial System Allocate Saving To Productive Uses?
  • What Are The Effects Of The Reserve Bank Changing The Target For The Overnight Cash Interest Rate?
  • What Does An Aggregate Demand Curve Show?
  • What Are The Main Facts About The World’s Experience Of Economic Growth?
  • Based On The National Income Accounting Identity, What Is The Relationship Between Investment And National Saving?
  • What Is A Nominal Exchange Rate
  • The Balance Of Payments
  • Three Big Events In The 20th Century


About the author: These notes are written by a University of Sydney Commerce student majoring in Econometrics and Finance. This student has average over 90% during the course of their degree.



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