ECON1102 Macroeconomics 1 2015 HD Exam Notes (2nd Place)

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  • UniversityUniversity of New South Wales
  • AreaBusiness and commerce
  • CourseMACROECONOMICS 1
  • Course CodeECON1102
  • ProfessorGlen Otto
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96%Verified Grade
  • Authorunswbusinessguru
  • Created2016
  • Pages23
  • Approved24 October 2017

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About these notes

These notes are the final exam notes I used to achieve a 2nd place ranking in ECON1102 Macroeconomics 1 (HD). Many of the topics covered in these notes are substantially similar to the topics covered in the 2017 course outline (although the order is slightly different). The topics covered in these notes are:

1. Introduction to Macroeconomics and Measuring the Economy (GDP)
2. Savings, Wealth and Interest Rates
3. Labour Market
4+5. Business Cycles and the Aggregate (Income) Expenditure Model
6. Fiscal Policy
7. Money and the RBA
8. Monetary Policy
9. Inflation and the AD-AS Model
10. Exchange Rates
11. Open Economy
12. Economic Growth

Common abbreviations
1. Y = income
2. AD/AS = aggregate demand and aggregate supply
3. EG = economic growth
4. XR = exchange rate
5. LR/SR = long run / short run
6. S = savings

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