Economics 1B (PMAC5112)

Rosebank College

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Economics 1B - PMAC5112 notes Unit 1 -11
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October 2025

2025/2026
Learning unit 1: Interdependence between major sectors, markets and flows in a mixed economy Learning unit 2: The Monetary sector Learning unit 3: The Public sector Learning unit 4: The foreign sector Learning unit 5: Measuring the performance of the economy Learning unit 6: Income determination in a simple Keynesian model Learning unit 7: Keynesian models including government and the foreign sector Learning unit 8: The AD-AS mode Learning unit 9: Inflation Learning unit 10: Unemploymen...
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