CURTIN UNIVERSITY 
ECON2001 - Macroeconomic Principles
Final Examination Guide and Notes 2024 
 
Part 01. Revision Notes 
Part 02. Sample Final Examination Paper 
Part 03. Suggested Solutions to Final Exam Paper 
Part 04. Final Examination - Hints and Tips 
 
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Curtin University - ECON2001: Macroeconomic Principles

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ACADEMIC YEAR 2023 - 2024

University	Curtin University
Study Level	Undergraduate
Unit Code	ECON2001
Unit Name	Macroeconomic Principles
Notes Title	Final Examination Guide and Notes
Format	PDF • Paperback
Page Length	79

A revision guide tailored to the ECON2001: Macroeconomic Principles, Curtin University - Final Examination 2024. It contains up-to-date materials that matches the syllabus for examination from 2024, and packed full of guidance such as sample final examination paper and suggested solutions with full explanations, to help you to hone your revision and exam technique and avoid common mistakes. These features have been specifically designed to help you apply your knowledge in exams. Written in a clear and straightforward tone, this guide is perfect for those who enrolled in this unit. Available in both PDF and paperback formats.

This unit focuses on the policy and practice of macroeconomics and will focus on understanding the business cycle in the short run. Topics to be covered include: the theory of consumption, saving and investment in closed and open economies, monetary policy and aggregate demand, the Phillips curve and aggregate supply, aggregate demand and supply analysis, the role of expectations, fiscal policy, exchange rates and international economic policy.

✔ On successful completion of this unit, you will be expected to be able to:

describe and investigate the questions that macroeconomists seek to answer;
develop the basic aggregate demand/aggregate supply model using the IS curve, the monetary policy (MP) curve and the Phillips curve;
apply and explain the AD/AS model to analyse the global business cycle;
evaluate the use of macroeconomic policy to modify the business cycle.

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Curtin University - ECON2001: Macroeconomic Principles

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