FLINDERS UNIVERSITY 
BUSN2040: Macroeconomics 
Final Examination Guide and Notes 2026 
 
- 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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Flinders University - BUSN2040: Macroeconomics

$35.00

ACADEMIC YEAR 2025 - 2026

University	Flinders University
Study Level	Undergraduate
Topic Code	BUSN2040
Topic Name	Macroeconomics
Study Material	Final Examination Guide and Notes
Format	PDF
Page Length	79

Prepare for BUSN2040: Macroeconomics at Flinders University with a clear, up-to-date revision guide built for the final examination. Inside are syllabus-aligned notes, concise explanations, helpful diagrams, and sample exam papers with fully worked solutions so you practise under realistic conditions. Each section flags frequent mistakes and includes quick checks to keep revision focused. Use it alongside your study materials to test understanding, refine technique, and apply knowledge in the exam.

This topic aims to explain the impacts of behaviour and decision making on financial markets, both nationally and globally; and to use standard macroeconomic models to analyse the probable consequences of economic shocks and policy changes. It analyses the causes of, and policy responses to, the major macroeconomic policy problems likely to confront policymakers such as unemployment, inflation, public debt, terms of trade shocks, current account deficits, foreign debt and economic growth.

On completion of this topic, you should be able to:

identify the major macroeconomic policy objectives and their relationship to the business cycle;
use the IS-LM model to analyse the effects of changes in fiscal and monetary policies on interest rates, output and employment;
explain the term structure of interest rates and the inverse relationship between bond prices and interest rates;
analyse the implications of fiscal policy changes for government budgets, interest rates and the public debt;
use the Mundell-Fleming model to analyse the effects of fiscal and monetary policies in fixed and flexible exchange rate regimes;
use the AD-AS model to analyse the short-run and long-run consequences of policy changes and non-intervention;
and use the Philllips curve to analyse inflation.

TOPIC CODE	TOPIC NAME
BUSN1001	Accounting Principles
BUSN1002	Financial Accounting Processes
BUSN1009	Quantitative Methods
BUSN1012	Management, People and Organisations
BUSN1013	Economics for Business
BUSN1014	Financial Markets
BUSN1015	Foundations of Finance
BUSN1019	Law for Business
BUSN1022	Marketing Principles
BUSN2029	Financial Reporting
BUSN2031	Business Forecasting
BUSN2035	Cost and Management Accounting
BUSN2040	Macroeconomics
BUSN3029	Investments and Portfolio Management
BUSN3031	Derivatives and Risk Management
BUSN3047	Company Accounting
BUSN3049	Corporate Finance
BUSN3054	Taxation Law and Practice
STAT1121	Data Science

Flinders University - BUSN2040: Macroeconomics

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