THE UNIVERSITY OF MANCHESTER

ECON10241: Macroeconomics 1

Final Examination Guide and Notes 2026

Part 01: Revision Notes

Part 02: Sample Final Examination Paper

Part 03: Suggested Solutions to Final Exam Paper

Part 04: Final Examination - Hints and Tips

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ECON10241 - Macroeconomics 1 (Solutions)

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ACADEMIC YEAR 2026 - 2027

University	University of Manchester
Unit Code	ECON10241
Unit Level	Level 1
Unit Title	Macroeconomics 1
Notes Title	Final Examination Guide and Notes
Page Length	78

Intended for the final examination in ECON10241: Macroeconomics 1 at the University of Manchester, this comprehensive revision guide provides essential resources for thorough preparation. It features up-to-date materials aligned with the 2026 syllabus, including sample exam papers and detailed solutions that enhance your understanding and exam technique, while helping you avoid common pitfalls. Each section is carefully structured to encourage the practical application of your knowledge during the exam. With its clear and accessible style, this guide is an invaluable resource for students enrolled in the unit.

ECON10241: Macroeconomics 1 introduces key macroeconomic issues, including national income, economic growth, unemployment, inflation, and international trade. Students will explore major macroeconomic models, such as the extended Keynesian income-expenditure model and alternative frameworks, gaining insight into their role in modern economic debates. The course also examines the functions of commercial and central banks in money creation, the impact of fiscal and monetary policies, and the mechanisms behind exchange rates, interest rates, financial crises, and currency wars. The syllabus covers macroeconomic modelling, money and financial markets, the labour market, and the aggregate supply and demand (AS-AD) model.

ECON10241 is only available to BA Economics students. Students from other programmes should take ECON10252 in the second semester. This course is not available to those who have previously completed ECON10041/42 or ECON10081/82.

UNIT CODE	UNIT TITLE
BMAN10001	Economic Principles: Microeconomics
BMAN10101	Principles of Marketing
BMAN10501	Financial Reporting
BMAN10512	Introductory Management Accounting
BMAN10522	Financial Decision Making
BMAN10552	Fundamentals of Finance
BMAN10621M	Fundamentals of Financial Reporting
BMAN10872	Introduction to Work Psychology
BMAN20072	Investment Analysis
BMAN21011	Financial Markets and Institutions
BMAN21040A	Intermediate Management Accounting
BMAN21020A	Financial Reporting and Accountability
BMAN23000A	Foundations of Finance A
BMAN23000B	Foundations of Finance B
BMAN30091	Financial Derivatives
BMAN30111A	Advanced Corporate Finance
ECON10072A	Advanced Statistics
ECON10221	Microeconomics 1
ECON10232	Microeconomics 2
ECON10241	Macroeconomics 1
ECON10262	Macroeconomics 2
ECON30370	Econometrics
ECON31031	Advanced Econometrics
PSYC10100	Research Methods and Statistics
PSYC21061	Statistics and Data Analysis
SOST10062	Introductory Statistics for Economists

UKNOTES .

ECON10241 - Macroeconomics 1 (Solutions)

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