2023 VERSION
ECS2602
MACROECONOMICS
Latest Exam Answers - 2023
,NB: This document is an additional tool for exam preparation.
The Stuvia-user that compiled and uploaded this
document takes no responsibility for incorrect answers.
Students must ensure that they study the prescribed
material and understand the content.
For A More (ECS2602) Accurate Exam Pack (Which includes
exam answers, highly summarised notes & Test Banks,
With A+ Guaranteed) Click The Link Below:
https://www.stuvia.com/doc/2908680/ecs2602-updated-exam-pack-2023-
mayjune-macroeconomics-a
,ECS2602
, Table of Contents
GOODS MARKET MODEL ................................................................................................................................. 4
IMPACT OF FISCAL POLICY TO EQUILIBRIUM .............................................................................................. 7
PRACTICE OF THE CONCEPT FROM PAST PAPERS ..................................................................................... 16
May 2012.............................................................................................................................................. 16
Nov 2012 .............................................................................................................................................. 19
May/June 2013..................................................................................................................................... 21
Nov 2013 .............................................................................................................................................. 24
FINANCIAL MARKETS ................................................................................................................................... 27
Wealth ................................................................................................................................................... 27
Money Demand ....................................................................................................................................... 27
PRACTICE OF THE CONCEPT FROM PAST PAPERS ..................................................................................... 35
May 2012.............................................................................................................................................. 35
Nov 2012 .............................................................................................................................................. 38
May 2013.............................................................................................................................................. 38
Nov 2013 .............................................................................................................................................. 39
IS-LM MODEL ............................................................................................................................................... 41
LM......................................................................................................................................................... 45
IS-LM: The model.................................................................................................................................. 47
PRACTICE OF THE CONCEPT FROM PAST PAPERS ..................................................................................... 53
............................................................................................................................................................ 53
May 2012.............................................................................................................................................. 53
............................................................................................................................................................ 57
............... 58
Nov 2012 .............................................................................................................................................. 59
............................................................................................................................................................ 59
May 2013.............................................................................................................................................. 63
ECS2602
MACROECONOMICS
Latest Exam Answers - 2023
,NB: This document is an additional tool for exam preparation.
The Stuvia-user that compiled and uploaded this
document takes no responsibility for incorrect answers.
Students must ensure that they study the prescribed
material and understand the content.
For A More (ECS2602) Accurate Exam Pack (Which includes
exam answers, highly summarised notes & Test Banks,
With A+ Guaranteed) Click The Link Below:
https://www.stuvia.com/doc/2908680/ecs2602-updated-exam-pack-2023-
mayjune-macroeconomics-a
,ECS2602
, Table of Contents
GOODS MARKET MODEL ................................................................................................................................. 4
IMPACT OF FISCAL POLICY TO EQUILIBRIUM .............................................................................................. 7
PRACTICE OF THE CONCEPT FROM PAST PAPERS ..................................................................................... 16
May 2012.............................................................................................................................................. 16
Nov 2012 .............................................................................................................................................. 19
May/June 2013..................................................................................................................................... 21
Nov 2013 .............................................................................................................................................. 24
FINANCIAL MARKETS ................................................................................................................................... 27
Wealth ................................................................................................................................................... 27
Money Demand ....................................................................................................................................... 27
PRACTICE OF THE CONCEPT FROM PAST PAPERS ..................................................................................... 35
May 2012.............................................................................................................................................. 35
Nov 2012 .............................................................................................................................................. 38
May 2013.............................................................................................................................................. 38
Nov 2013 .............................................................................................................................................. 39
IS-LM MODEL ............................................................................................................................................... 41
LM......................................................................................................................................................... 45
IS-LM: The model.................................................................................................................................. 47
PRACTICE OF THE CONCEPT FROM PAST PAPERS ..................................................................................... 53
............................................................................................................................................................ 53
May 2012.............................................................................................................................................. 53
............................................................................................................................................................ 57
............... 58
Nov 2012 .............................................................................................................................................. 59
............................................................................................................................................................ 59
May 2013.............................................................................................................................................. 63