The contents of this document are for information purposes only and include specific information on costs, points, etc., based on the departmental education examination department's bulletin, the institute's bulletin, the system advice for registration。
The core concepts that macroeconomics needs to master as a compulsory subject in self-study economics are in fact regular. Based on previous examination analyses, the 2026 examination focus will continue to revolve around the following key modules。
System of national economic accounting
The underlying concepts of gross domestic product (GDP) and gross national product (gnp) calculations, and the component elements of personal disposable income, appear in the examination papers each year. Particular attention was paid to distinguishing between nominal GDP and real GDP conversion。
Theory of consumption and savings
The link between marginal consumption and marginal savings tends to be a high frequency test point, and the related computations are often examined in conjunction with the expenditure multiplier principle. Bearing in mind the chain of transmission of the multiplier effect: changes in investment and changes in income and changes in consumption, a new round of income changes。
Is-lm model
This classic model, which is compulsory almost every year, focuses on the fact that the is curve reflects the relationship between interest rates and income when the product market is balanced, while the lm curve corresponds to the balance of the monetary market. When governments increase spending, how the crowding-out effect affects private investment is suggested by the conductor mechanism as a graphic complement to memory。
Macroeconomic policy
The use of fiscal policy instruments (taxes, government expenditures) in conjunction with monetary policy instruments (reserve rates, open market operations, rediscount rates) is a regular feature. In 2026, emphasis may be placed on examining the application of policy mixes in different economic cycles, such as when the economy is depressed, for example, where expansionary fiscal policy is appropriate to match monetary easing。
Unemployment and inflation
The relationship between unemployment and the replacement of inflation, as revealed by the phillips curve, needs to be understood with a focus. Distinguishing between actual cases of structural and frictional unemployment and the method of calculating natural unemployment. This year's new focus may be on policy comparisons in post-epidemic countries to address cost-driven inflation。
It is recommended that candidates establish a knowledge framework map that classifies more than 30 core concepts by module. The updated examination outline is expected to be published in early 2026, at which time the focus could be on adjustments. These new trends are likely to serve as background material for case-analysis issues。
