UNIVERSITY OF WATERLOO 
ECON 102: Introduction to Macroeconomics 
Comprehensive Revision Guide and Notes 2025 
 
Part 01: Revision Notes 
Part 02: Sample Examination 
Part 03: Suggested Solutions to Exam Paper 
Part 04: Study Tips for Students 
 
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University of Waterloo - ECON 102: Introduction to Macroeconomics

C$35.00

ACADEMIC YEAR 2025 - 2026

University	University of Waterloo
Department	Economics
Course Code	ECON 102
Course Name	Introduction to Macroeconomics
Notes Title	Comprehensive Revision Guide and Notes
Page Length	78

This comprehensive study material covers all the essential topics you need to excel in your final exam for ECON 102: Introduction to Macroeconomics at the University of Waterloo. Inside, you’ll find clear explanations, practice questions with full solutions, and complete sample exam papers with step-by-step walkthroughs that show how to approach each question and avoid common mistakes. Everything aligns with the current course syllabus, helping you focus on what matters, organize your review efficiently, and walk into the final with confidence.

This course introduces students to the measurement and behaviour of key macroeconomic variables both in Canada and around the world. Topics include national accounts, inflation, interest rates, wages, international balance of payments, business cycles, growth, employment, unemployment, poverty, and inequality.

✔ Key Areas of Focus:

Understand how to measure GDP and analyze economic growth.
Monitor jobs, inflation, and their impact on the economy.
Explore the relationship between finance, saving, and investment.
Explain the role of money, price levels, and inflation.
Analyze the exchange rate and balance of payments.
Examine aggregate supply and demand models.
Apply the Keynesian model and understand expenditure multipliers.
Study Canadian inflation, unemployment, and business cycles.
Evaluate the impact of fiscal and monetary policy on the economy.

COURSE CODE	COURSE NAME
AFM 101	Introduction to Financial Accounting
AFM 102	Introduction to Managerial Accounting
AFM 231	Business Law
AFM 272	Global Capital Markets and Financial Analytics
AFM 273	Financial Instruments and Capital Markets
AFM 274	Introduction to Corporate Finance
AFM 275	Corporate Finance
AFM 280	Introduction to Organizational Behaviour
AFM 291	Intermediate Financial Accounting 1
AFM 322	Derivative Securities
AFM 391	Intermediate Financial Accounting 2
ECON 101	Introduction to Microeconomics
ECON 102	Introduction to Macroeconomics
ECON 201	Microeconomic Theory for Business and Policy
ECON 221	Statistics for Economists
ECON 290	Models of Choice in Competitive Markets
ECON 322	Econometric Analysis 1
ECON 323	Econometric Analysis 2
ECON 371	Business Finance 1
ECON 372	Business Finance 2
ECON 423	Time Series Econometrics
MGMT 244	Principles of Marketing
PSYCH 292	Basic Data Analysis
STAT 202	Introductory Statistics for Scientists
STAT 443	Forecasting

University of Waterloo - ECON 102: Introduction to Macroeconomics

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