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
2025 • Semester 1
4

Very content heavy. Compulsory lecture attendance. Quite tricky, though I enjoyed how the questions in final exam were very much contextualised to the trade war and political climate at that time.

A
Anonymous
2024 • Semester 1
2

Boring subject. Copies from the textbook. Content heavy where lecture goes through the basics "what is unemployment" but tutorial questions are hard. Lecturers didn't bother putting together proper tutorial questions and took them straight from the textbook (i.e. Chp8 Q1). No effort teaching = no students willing to actively participate. They try to combat low attendance with compulsory lecture attendance rather than improving teaching quality.

A
Anonymous
2023 • Semester 1
5

Proof that teaching quality matters cos Stella absolutely makes this course easy to study which in term made me appreciate the core macroeconomic concepts from all different angles. Additionally a potential WAM booster, provided you caught up on lectures, tutes and work on every past paper you can find. This is coming from someone who almost failed 1st year macroeconomics btw.

A
Anonymous
2023 • Semester 2
3

You get taught so much useless content. Not to hard though.

A
Anonymous
2021 • Semester 1
4

Was taught by Christopher Gibbs and I mostly liked the way he taught and managed the unit. During lectures, he would show relevant examples (outside of his slides) that built upon the content being taught but most lectures couldn't cover the week's slides on time and tended to spill over to the next week's. Content was manageable but got a bit dense near the end. One thing I wished they did was to follow the standard tutorial structure - 4 tutorials were dedicated to discussing the problem set assignments instead of the week's content. I think a video and discussion thread would have been enough.

PreviousPage 1 of 5Next

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