Economics

ECOS2002

Intermediate Macroeconomics

3.3
24 verified reviews
Credit Points
6
Session
2026 Intensive January
Location
Camperdown/Darlington
Attendance
Block mode
Unit Overview
This unit of study develops models of the goods, money and labour markets, and examines issues in macroeconomic policy. Macroeconomic relationships, covering consumption, investment, money and employment, are explored in detail. Macro-dynamic relationships, especially those linking inflation and unemployment, are also considered. Exchange rates and open economy macroeconomics are also addressed. In the last part of the unit, topics include the determinants and theories of economic growth, productivity and technology, the dynamics of the business cycle, counter-cyclical policy and the relationship between micro and macro policy in the context of recent Australian experience.

Requirements

Prerequisites
ECON1002 or ECON1040
Prohibitions
ECON2002 or ECON2902 or ECOS2902

Unit Reviews

A
Anonymous
2015 • Semester 1
5

much more essay writing than it used to be

A
Anonymous
2015 • Semester 1
5

Loved this subject

A
Anonymous
2014 • Semester 1
4

Take it with Stella. She's great with support material.

A
Anonymous
2012 • Semester 2
1

Boring, wish it was't a core eco subject. Stella is so boring, i hate listening to her voice. Tutor was a lot better, and explained things much more clearly and concisely. I still found the subject very challenging and I don't even use any of the concepts taught in my 3rd year eco subjects.

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Semester Roadmap

W01
Review and Introduction to Macroeconomic IndicatorsLecture
Macroeconomic IndicatorsTutorial
The Goods and Financial MarketLecture
The Goods and Financial MarketTutorial
The IS-LM ModelLecture
The IS-LM ModelTutorial
The Labour MarketLecture
The Labour MarketTutorial
W02
The AS-AD ModelLecture
The AS-AD ModelTutorial
The Phillips CurveLecture
The Phillips CurveTutorial
In-semester testLecture
Expectations, Output, and Policy ILecture
Expectations, Output, and Policy IILecture
Expectations, Output, and PolicyTutorial
W03
Contemporary Macroeconomic IssuesLecture
Long-Run Economic GrowthLecture
Long-Run Economic GrowthTutorial
Technological Progress and GrowthLecture
Technological Progress and GrowthTutorial
The Open Economy and Exchange RateLecture
The Open Economy and Exchange RateTutorial

Support

Teaching Staff

Khanh Phan
khanh.phan@sydney.edu.au
Coordinator

Assessments

Final exam
50%
Formal exam period
Written examAI prohibited
3 short quizzes
15%
Multiple weeks
Out-of-class quizAI allowed
Quiz
5%
18 Jan 2026 at 23:59
Out-of-class quizAI allowed
In-semester test
30%
Week 03
Written testAI prohibited