THE UNIVERSITY OF NEW ENGLAND 
ECON102 - Introductory Macroeconomics 
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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University of New England - ECON102: Introductory Macroeconomics

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ACADEMIC YEAR 2023 - 2024

University	University of New England
Study Level	Undergraduate
UNE Unit Code	ECON102
UNE Unit Name	Introductory Macroeconomics
Notes Title	Final Examination Guide and Notes
Page Length	79

This comprehensive study material includes everything you need to excel in the ECON102: Introductory Macroeconomics at the University of New England. It covers vital topics such as production, aggregate demand, aggregate supply, inflation, monetary policy, and fiscal policy. The guide features easy-to-understand explanations of key concepts and practice questions with detailed solutions. This up-to-date resource aligns with the syllabus for examinations starting in 2024. Packed with guidance on sample final examination papers and suggested solutions accompanied by thorough explanations, this guide helps refine your revision techniques while avoiding common pitfalls. Written in a clear tone, it's an indispensable tool for mastering complex macroeconomic issues.

Explore the big picture issues in the Australian and global economy through this introductory macroeconomics unit. You will take both short and long-term views of the economy to gain an understanding of its behaviour and performance overall. You will use a unified framework to examine the stylised facts of business cycle fluctuations, economic growth, unemployment, inflation, interest rates and the balance of payments. You will also use this framework to critically evaluate the design of monetary and fiscal policy, as well as events in the global economy. Honing your skills in presenting and interpreting information, you will learn to take a graphical approach to current macroeconomic policy debates and use economic terminology.

Upon completion of this unit, you will be able to:

understand and formulate arguments in the realm of introductory macroeconomics and related policy issues;
present material in a graphical and mathematical form using economic terminology in a clear and concise manner;
use these forms and way of thinking to solve macroeconomic problems;
understand and demonstrate the key concepts and principles of macroeconomics; and,
analyse the factors influencing the balance of payments and the exchange rate.

UNIT CODE	UNIT NAME
AFM101	Introduction to Financial Accounting
AFM103	Introductory Finance
AFM112	Introduction to Management Accounting
AFM211	Intermediate Financial Accounting
AFM231	Corporate Finance
AFM242	Financial Instruments and Markets
AFM305	Advanced Financial Accounting
AFM332	Security Analysis and Portfolio Management
ECON101	Introductory Microeconomics
ECON102	Introductory Macroeconomics
ECON201	Intermediate Microeconomics
ECON202	Intermediate Macroeconomics
ECON271	Introductory Econometrics
LAW100	Foundations of Law
LSSU251	Introduction to Business Law
LSSU592	Taxation Law
MM110	Fundamentals of Marketing
MM200	Managing People and Organisations
QM161	Business Statistics
QM162	Introduction to Business Analytics

University of New England - ECON102: Introductory Macroeconomics

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