ECON1002 - HD (mark 91) fully formatted & detailed course notes

Description

Detailed and perfectly formatted notes based on lecture slides, readings and key outcomes from tutorial questions. These notes helped me get a mark of 91 and close to perfect score on midsem (34/35). Covers topics below: - Introduction - Consumer price index (CPI) and inflation - Savings and investment - The labour market - Short-term economic fluctuations - business cycle - Short-run: basic Keynesian model - Fiscal policy - Money, price and the Reserve Bank - The Reserve Bank and monetary policy - Aggregate demand, aggregate supply and inflation - Macroeconomic policy - The economic in the long run - The production function - Savings, capital formation and comparative economic growth - Exchange rates and the open economy - The balance of payments: net exports and international capital flows - History and schools of thought