THE UNIVERSITY OF SYDNEY 
ECON1002: Introductory Macroeconomics 
Final Examination Guide and Notes for 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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University of Sydney - ECON1002: Introductory Macroeconomics

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ACADEMIC YEAR 2025 - 2026

University	University of Sydney
Study Level	Undergraduate
Unit Code	ECON1002
Unit Name	Introductory Macroeconomics
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	78

Prepare for ECON1002 at the University of Sydney 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.

Introductory Macroeconomics addresses the analysis of the level of employment and economic activity in the economy as a whole. The unit examines the main factors that determine the overall levels of production and employment in the economy, including the influence of government policy and international trade. This analysis enables an exploration of money, interest rates and financial markets, and a deeper examination of inflation, unemployment and economic policy. Prior knowledge of algebraic equations and differential calculus is assumed.

✔ At the completion of this unit, you should be able to:

interpret the meaning and measurement of macroeconomic aggregates such as GDP, unemployment and inflation
understand how the economy behaves in the short-run using the Keynesian model
analyse critically short-run macroeconomic policies
describe the role of money and the financial system in the macroeconomy
explain what determines unemployment and inflation
understand and explain macroeconomic policies that improve standards of living
Lanalyse the factors influencing the balance of payments and the exchange rate
understand a day-by-day macroeconomic issue and critically evaluate current macroeconomic policies.

UNIT CODE	UNIT NAME
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ACCT2019	Accounting Analysis for Management Decisions
ACCT3011	Reporting on Business Groups
BUSS1020	Quantitative Business Analysis
BUSS1030	Accounting, Business and Society
CLAW1001	Foundations of Business Law
CLAW3201	Australian Taxation System
ECMT1010	Introduction to Economic Statistics
ECON1001	Introductory Microeconomics
ECON1002	Introductory Macroeconomics
ECOS2001	Intermediate Microeconomics
ECMT1020	Introduction to Econometrics
ECMT3120	Applied Econometrics
ECMT3130	Forecasting for Economics and Business
ENVX1002	Introduction to Statistical Methods
FINC3019	Fixed Income Securities
FINC2011	Corporate Finance I
FINC2012	Corporate Finance II
FINC3012	Derivative Securities
FINC3017	Investments and Portfolio Management
MKTG1001	Marketing Principles
WORK1003	Foundations of Work and Employment

University of Sydney - ECON1002: Introductory Macroeconomics

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