MACQUARIE UNIVERSITY 
ECON1020: Economics and Business Strategy 
Final Examination Guide and Notes 2025 
 
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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Macquarie University - Economics and Business Strategy (ECON1020)

$35.00

ACADEMIC YEAR 2024 - 2025

University	Macquarie University
Unit Code	ECON1020
Credit Points	10
Unit Name	Economics and Business Strategy
Notes Title	Final Examination Guide and Notes
Page Length	121

Are you finding it challenging to study the vast amount of material required for your assessments and final examination in ECON1020: Economics and Business Strategy at Macquarie University? This newly released 2025 guide consists of 121 pages, divided into four parts, and provides all the study resources you need to enhance your skills and excel in your assessments and final examination. The guide includes comprehensive revision notes, sample exam questions with step-by-step working solutions, as well as valuable hints and tips for the final exam. It will be your secret weapon to ace the unit, save time, boost your confidence, and help you perform at your best on exam day.

This unit is primarily concerned with the economic analysis of individual decision-making agents, the behaviour of firms and industries within markets. Students learn how a market-based economy works, what type of problems households and businesses face, and how the economic framework can be used to analyse the policy environment within which they operate. The unit also examines how technology spreads globally, social interactions and dilemmas, and concepts of fairness and ethics. The concepts are taught through a mix of tutorial questions that examine business and social trade-offs, and authentic practical examples. Students will gain business and economic skills and incorporate an appreciation of global, ethical and environmental context and social responsibility. Overall, the unit provides a platform for students to apply an economic framework across disciplines within the Business School.

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

Identify and describe the contribution of economics to the appropriate management of contemporary business and social issues.
Analyse and explain how principles of economics are relevant in analysing and describing decision-making by individuals, businesses and government.
Communicate solutions and apply theories and cost-benefit considerations to real-life economic problems and trade-offs.
Understand and evaluate economic outcomes and policy from broad business ethical, sustainability, and equity perspectives.

UNIT CODE	UNIT NAME
ACCG1000	Accounting for Decision Making
ACCG1001	Accounting and Governance
ACCG2000	Cost Analysis and Managerial Decision Making
ACCG2024	Financial Accounting and Reporting Analysis
ACCG2051	Governance, Business and Corporations Law
ACCG3008	Business and Risk Advisory
ACCG3020	Tax in Practice
ACST1001	Finance Fundamentals
AFIN1002	Corporate Finance and Capital Markets
AFIN2050	Investments
AFIN3029	Derivative Instruments
AFIN3052	Applied Portfolio Management
AFIN3053	Advanced Corporate Finance
ECON1020	Economics and Business Strategy
ECON2003	Microeconomic Analysis and Applications
ECON2004	Macroeconomic Analysis and Applications
ECON2041	Introductory Econometrics
MGMT1002	Managing for Impact
MKTG1001	Marketing and Value Creation
STAT1103	Introduction to Psychological Design and Statistics
STAT1250	Business Statistics and Insights
STAT1371	Statistical Data Analysis

Macquarie University - Economics and Business Strategy (ECON1020)

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