UNIVERSITY OF SOUTH AUSTRALIA 
ECON 1008 - Principles of Economics 
Final Examination Guide and Notes 2025 
 
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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University of South Australia

ECON1008: Principles of Economics - University of South Australia

$35.00

ACADEMIC YEAR 2024 - 2025

University	University of South Australia
Study Level	Undergraduate
Area/ Catalogue	ECON 1008
Course Name	Principles of Economics
Notes Title	Final Examination Guide and Notes
Page Length	121

Reinforce and practise skills learned with step-by-step support from our best tutors in the ECON 1008: Principles of Economics, University of South Australia to help you achieve your maximum potential. This is a complete revision guide of everything that is examinable for the course. Within this document, you will find a comprehensive evaluation of the examinable topics for this course. Every learning outcome that can be tested is explored in depth and diagrams are provided to aid retention. This guide is extremely helpful for you revising all the topics and with the final exam.

This course, Principles of Economics (ECON 1008) - aims to introduce students to the fundamental principles of economics and its application to analysing individual behaviour, markets and government policy in the macroeconomy.

Main topics to be covered:

Economic decisions faced by individuals, households, firms, and governments
Analysis of prices and output determination in the context of markets and incentives
Examination of market structures, including the strengths and weaknesses of the market mechanism and the role of public policy
Study of business cycles, inflation, and unemployment
Role of monetary and fiscal policy in stabilising the economy
Discussion of trade and the open macroeconomy, including the impact of international trade on domestic markets and economies.

AREA / CATALOGUE	COURSE NAME
ACCT 1006	Financial Accounting 1
ACCT 1008	Accounting for Business
ACCT 2005	Financial Accounting 2
ACCT 2006	Management Accounting
ACCT 3002	Taxation Law 1
BANK 1005	Financial Markets and Institutions
BANK 2007	Business Finance
BANK 3004	Portfolio and Fund Management
BANK 3009	Corporate Valuation and Risk Management
BANK 3011	International Currency and Banking Markets
BUSS 2068	Management and Organisation
ECON 1007	Macroeconomics
ECON 1008	Principles of Economics
ECON 2007	Empirical Business Analysis
ECON 2010	Economic Analysis of Business Decisions
LAWS 1018	Business Law
MARK 1010	Marketing Principles: Trading and Exchange
MATH 1053	Quantitative Methods for Business
MATH 1068	Statistical Methods

ECON1008: Principles of Economics - University of South Australia

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