Semester 1, 2018

ECON205 Study Notes

88 pages

17,771 words




Comprehensive study notes based on lectures and the textbook Dornbusch et al. 2013, Macroeconomics, 3rd edition.

Topics include:
LECTURE 1: An Introduction to Macroeconomics & National Income Accounting and Prices
LECTURE 2: Income and Spending
LECTURE 3: Money, Interest and Income – The IS and LM Curves
LECTURE 4: Monetary and Fiscal Policy in the Closed Economy
LECTURE 5 & 6: Open Economy Macroeconomics – International Linkages
LECTURE 7: Open Economy Macroeconomics – International Adjustment and Interdependence
LECTURE 8: Economic Growth and Accumulation
LECTURE 9: Economic Growth and Policy
LECTURE 10: Aggregate Supply – Wages, Prices, Output, and Unemployment
LECTURE 11: The Anatomy of Inflation




UOW, Wollongong

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January 2017