ECB1102 Introductory macroeconomics
Faculty of Business and Economics
ECB1102 Introductory macroeconomics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2026 in Semester 2 at Peninsula. It has no prerequisites and unlocks 8 units, leading on to 14 units in all.
- Credit points
- 6
- Offered in 2026
- Semester 2
- Peninsula
- Assessment
- Exam 50%
- and 2 other tasks
- Workload
- 144 hours
- per semester
This is the 2026 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before ECB1102
Prohibitions
You can't enrol if you have passed any of these.
After ECB1102
8 units list ECB1102 as a prerequisite or corequisite.
- ECB2330Macroeconomic policyNo reviews yet
- ECB3121Economics of international trade and financeNo reviews yet
- ECC2010Intermediate macroeconomicsNo reviews yet
- ECC3144Economic history: The rise of capitalismNo reviews yet
- ECC3690International economicsNo reviews yet
- ECF2331Macroeconomic policyNo reviews yet
- ECW2730Macroeconomic policyNo reviews yet
- ECX2300Crashes, crises and macroeconomic policyNo reviews yet
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 11 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit introduces you to the fundamental principles of macroeconomics and their application to real-world economic issues. Topics include the measurement and analysis of national income, employment, inflation, interest rate and the money supply. You will explore the use of aggregate demand and aggregate supply (AD-AS) models to examine short- and long-run economic fluctuations. The role of fiscal and monetary policy is discussed, alongside broader debates around regulation, political influences, and economic stability.
Offerings in 2026
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Peninsula | On campus |
Assessment
- Quiz / Test30%
- Exercise20%
- Examination50%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
describe key macroeconomic indicators such as gross domestic product, unemployment rate, and consumer price index, and explain their significance in evaluating economic performance
- 2
apply basic macroeconomic models, including the AD–AS model, to analyse the relationships between key economic indicators and interpret short- and long-run economic fluctuations
- 3
evaluate the use of fiscal and monetary policy in stabilising the economy and promoting sustainable growth
- 4
communicate economic concepts and policy implications using clear diagrams and theoretical tools relevant to business and public decision-making.
Workload and teaching
- Workshops24 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Where it fits
ECB1102 is part of 3 areas of study in the 2026 handbook.
Contacts
- Chief Examiners
- Sahar Shafiei
Common questions
What are the prerequisites for ECB1102?
ECB1102 has no prerequisites, but enrolment rules apply.
What can I take after ECB1102?
ECB1102 is a prerequisite or corequisite for 8 units, including ECB2330, ECB3121, ECC2010, ECC3144, ECC3690 and ECF2331. Those lead on to 14 units in all.
When is ECB1102 offered?
In 2026, ECB1102 runs in Semester 2 at Peninsula.
How much work is ECB1102?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECB1102 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 2 other tasks.
Which majors and minors include ECB1102?
ECB1102 is part of Accountancy; Economics and business decisions; and Finance and economics.