UNIVERSITY OF TORONTO

ECO102: Principles of Macroeconomics

Comprehensive Study and Exam Preparation Guide 2026

Part 01: Revision Notes

Part 02: Practice Examination Paper

Part 03: Detailed Solutions and Explanations

Part 04: Proven Exam Strategies and Tips

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University of Toronto - Principles of Macroeconomics (ECO102)

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ACADEMIC YEAR 2026 - 2027

University	University of Toronto
Department	Economics
Course Code	ECO102
Course Name	Principles of Macroeconomics
Notes Title	Comprehensive Study and Exam Prep. Guide
Page Length	78

Get ready for the final exam in ECO102: Principles of Macroeconomics at the University of Toronto with a focused guide built around core course topics. Inside, you’ll find a sample final exam modeled on typical U of T papers, fully worked solutions with clear explanations, and concise notes that make review faster. Practical tips show how to sharpen study habits, improve test-taking technique, and avoid common mistakes. Use this guide to check understanding, target weak spots, and walk into the final with confidence.

ECO102: Principles of Macroeconomics introduces students to core concepts in macroeconomics, focusing on the economy as a whole. The course examines how the decisions of individuals and firms interact to influence the overall economic performance, covering topics like GDP, inflation, unemployment, and long-run growth. It also explores the important roles of government policies, such as fiscal and monetary policies, and their impact on the macroeconomy. Other key areas include financial markets, business cycles, the IS-MP model, the Phillips curve, and exchange rates.

The course provides a foundation in the theories and models of macroeconomics, with a focus on understanding both domestic and international economic issues. It is recommended for students with a background in ECO101 and secondary school-level mathematics.

COURSE CODE	COURSE NAME
ACT240	Mathematics of Investment & Credit
ECO101	Principles of Microeconomics
ECO102	Principles of Macroeconomics
ECO206	Microeconomic Theory
ECO220	Introduction to Data Analysis & Applied Econometrics
ECO227	Foundations of Econometrics
ECO372	Data Analysis & Applied Econometrics in Practice
ECO374	Forecasting and Time Series Econometrics
ECO375	Applied Econometrics I
EEB225	Biostatistics for Biological Sciences
MGM390	Business Law
PSY201	Statistics I
RSM219	Introduction to Financial Accounting
RSM220	Intermediate Financial Accounting I
RSM221	Intermediate Financial Accounting II
RSM222	Management Accounting I
RSM225	Legal Environment of Business I
RSM230	Financial Markets
RSM250	Principles of Marketing
RSM260	Organizational Behaviour
RSM332	Capital Market Theory
RSM333	Corporate Finance
RSM336	Investments
RSM433	Advanced Corporate Finance
RSM435	Futures and Options Markets
SOC202	Introduction to Quantitative Methods in Sociology
STA220	The Practice of Statistics I

MITCA

Updated for 2026

University of Toronto - Principles of Macroeconomics (ECO102)

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