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UGA  ECON 2105
 UGA
 Rudbeck
 The Economics of Inaction: Stochastic Control Models with Fixed Costs, Principles of Economics, Microeconomics MyEconLab Homework Edition plus Themes of the Times Booklet, Scared to Death: From BSE to Global Warming: Why Scares are Costing Us the Earth, Shea Butter Republic: State Power, Global Markets, and the Making of an Indigenous Commodity

ECON 2105 Test 2 Highlights Professor Bulut
School: UGA
Course: MACROECONOMICS
HIGHLIGHTS OF THE MODULES Caution: Below is the brief summary of the modules. It does not claim to cover all important materials in each module, instead, consider these notes as a quick summary of each model. Please let me know if you see any error in the

MacroEconomics 2012
School: UGA
10PrinciplesofEconomics Economicsthestudyofhowsocietyallocatesitsscarceresources Factorsofscarcity 1. Limited 2. Peoplehavetowantit Ex1)MonaLisa,waterinAustralia Almosteverythingisscarce;thereisjustnotenoughstufftogoaround MonarchiesandtheUSSRdealtwithsca

Homework2
School: UGA
Name: _ Macroeconomics Spring 2012 Homework #2 Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. Figure 416 20 price S 18 16 14 12 10 8 6 4 D 2 10 _ _ _ _ 20 30 40 50 60 70 80 90 quantity 1. Refe

Homework 1
School: UGA
Name: Rachel Cabell Macroeconomics Fall 2011 Homework #1 Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. _A_ 1. Approximately what percentage of individuals, in the world, face scarcity? a. 100%

Homework2
School: UGA
Course: PRINCIPLES OF MACRO ECONOMICS
Name: _ Macroeconomics Spring 2010 Homework #2  Updated Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. _ 1. If the domestic price in a country is below the world price for a good, then if free

Econ Study Guide
School: UGA
Ten Principles of Economics Econ Study Guide 10 Principles of Economics How People Make Decisions 1. People face tradeoffs: To get more of something we have to give up something Tradeoff between guns and butter To produce more gun (military goods) socie

Econ Test 3 2012
School: UGA
Chapter16MonetaryPolicy RachelCabell MoneySupplyFormula Ms=B*MB=C+RM=1+cr MsMoneysupplycr+rrr+err BBase CCurrency RReserves MMoneymultiplier CrCurrency/depositratio RrrRequiredReserveratio ErrExcessreserves/depositratio DDeposits FinancialCrisis 1. Banksa

Econ Test 2 Notes 2012
School: UGA
Chapter 9 Trade Rachel Cabell P Sd domestic supply WP world price exports Export Graph P* Dd domestic demand Q Jobs are created, which is good for firms P S A Imports Graph 100 B 50 C E D WP world price imports D Q Domestic Production=Qs Domestic Consumpt

Econ Test 1 2012
School: UGA
10PrinciplesofEconomics Economicsthestudyofhowsocietyallocatesitsscarceresources Factorsofscarcity 1. Limited 2. Peoplehavetowantit Ex1)MonaLisa,waterinAustralia Almosteverythingisscarce;thereisjustnotenoughstufftogoaround MonarchiesandtheUSSRdealtwithsca

Gains From Trade
School: UGA
Course: MACROECONOMICS
Gains from Trade Specialization and trade maximizes a persons material wellbeing. A Simple Model of Production and Trade Adam Smith Observed that increasing specialization in production was responsible for increased output. Refuted mercantilism David R

Tradeoffs
School: UGA
Course: MACROECONOMICS
Tradeoffs Production Possibilities scarcity says: to production of one good, we must production of something else. Begin by assuming Full employment Fixed technology Only two goods Production Possibility A B C D E F National Health Security Care (mi

Income Approach
School: UGA
Course: MACROECONOMICS
Income Approach The income approach measures GDP by summing the incomes that firms pay households for the factors of production they hire. 1. Compensation of employees 2. Net interest 3. Rental income 4. Corporate profits 5. Proprietors income Expenditur

Measuring GDP And Economic Growth
School: UGA
Course: MACROECONOMICS
Measuring GDP and Economic Growth Economic Statistics Numerical measures of all sectors of the economy, e.g. GDP Growth(loss) in GDP Employment levels Unemployment rate National Bureau of Economic Research Bureau of Labor Statistics Bureau of Econo

Banks And Mortgages
School: UGA
Course: MACROECONOMICS
Banks and Mortgages Banks did not care how risky the mortgages were because they were not going to hold the mortgages themselves. They would be sold to the Wall Street banks. Because house prices were rising rapidly, if a subprime borrower could not make

Finance
School: UGA
Course: MACROECONOMICS
Finance, Saving and Investment Capital vs. Investment Investment = purchase of new plant & equipment, additions to inventory Depreciation = decrease in value of capital from wear & tear and obsolescence Gross investment = total spent on new capital an

Depository Institutions
School: UGA
Course: MACROECONOMICS
Depository Institutions A bank is a place that will lend you money if you can prove that you don't need it. Bob Hope Types of Institutions Functions Check clearing Account management Credit cards Internet banking Make loans Buy securities Bank Assets Com

Money
School: UGA
Course: MACROECONOMICS
Money, the Price Level and Inflation Money Do not value money for any more nor any less than its worth; it is a good servant but a bad master. ~Alexandre Dumas fils, Camille, 1852 Money functions as Means of Payment Settles a debt. After payment, no r

Global Markets
School: UGA
Course: MACROECONOMICS
Global Markets A veteran economist and a rookie economist are walking down the road. They come across a spoiled apple lying on the asphalt. Says the veteran economist, "If you eat it, I'll give you $20,000!" The rookie economist runs his optimization mod

Monetary Policy
School: UGA
Course: MACROECONOMICS
Monetary Policy LongRun versus ShortRun Longrun goals are consistent In shortrun, there is a tradeoff between inflation and interest rates Inflation and real GDP and employment Money Neutrality 1. Fed increases MS 2. Interest rates 3. AD shift

Ch. 15 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON 2105 CHAPTER 15 Unemployment Unemployment deals with those who are currently available and seeking work. It is not just people that dont have jobs. 2 types of unemployment o Natural Rate what we typically see o The FED call it the NAIRU which is the

Ch. 14 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON 2105 CHAPTER 14 Monday Chapter 14 Financial Economics Financial Econ Study the allocation of resources over time plus risk management Future Value the value of something in the future o If you have a dollar and put it in the bank today, youll have mo

Homework3
School: UGA
Course: PRINCIPLES OF MACRO ECONOMICS
Name: _ Macroeconomics Spring 2010 Homework #3 Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. _ 1. When the Federal Reserve conducts openmarket operations to increase the money supply, it a. r

Exam 1 Study Guide
School: UGA
Course: Principles Of Macroeconomics
ECON 2105 Exam I Study Guide I. Chapter I: What is Economics? A. Definition: The social science that studies the choices that individuals businesses, governments, and societies make as they cope with scarcity and the incentives that influence and reconci

Doubleentry Bookeeping  Chapter 10
School: UGA
Course: Principles Of Macroeconomics
Doubleentry Bookkeeping Every international transaction automatically enters the balance of payments twice, once as a credit and once as a debit. The amount by which Current + Capital + Financial accounts 0. Record of all the transactions in the balanc

Econ 2105 Review
School: UGA
Course: Principles Of Macroeconomics
Question that will be asked on the ECON 2105 CPI overestimates inflation

Exchange Rates
School: UGA
Course: Principles Of Macroeconomics
Exchange Rates i: domestic interest rate i*: foreign interest rate R: spot exchange rate (today) F: forward exchange rate (future) Setting the two returns equal and having fun with algebra yields ii* (FR)/R. The foreign exchange market is in equilibri

Macroeconomic Notes
School: UGA
Course: Principles Of Macroeconomics
MACROECONOMiC STUDY GUiDE Concept of MARGIN (MR, MC): make decisions at the margin theminimumreturnbelowwhichanenterprisebecomesunprofitable MARGINAL COST: Definition: Law of Diminishing Marginal Returns Diminishing Returns occurs in the short run when o

ECON 2105 Exam 1
School: UGA
Course: Macroeconomics
ECON2105:Exam1 16:32 Chapter1: EconomicsSocialSciencethatstudieshowsocietyallocatesitsscarceresources. Keyisscarcity:limitedresources. UnitedStatesresourcesareallocatedthroughtradeandmarkets. Economistsbelievemarketsworkbestinallocatingavailableresources.

Econ 2105
School: UGA
Course: Macroeconomics
Jason C. Rudbeck, Ph.D. Syllabus Spring 2012 Economics 2105 Principles of Macroeconomics 12:20 1:10 PM M/W/F N106 Instructional Plaza Office: 514 Brooks Hall Office Ph.: 7065423186 Cell: 8645086940 Office Hours: 1:25 2:15 M/W and by appointment EMail

Ch. 2 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON2105 CHAPTER2 Economistsassocialscientists Usescientificmethod o Observesomething(donutshopshavelesscrime) o Theory/Hypothesis(copsarealwaysthere) o Collectdataandtesttheory(collectnumberofcopsandrateofcrimeat donutshopscomparedtothecrimeratesatothert

Ch. 3 & 4 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON2105 CHAPTERS3&4 Trade(ch.3) Assumption:2people(farmerandrancher) o Theytrade2goods(meatandpotatoes) o Nogovernment o Linearppfs Graph(3) AbsoluteAdvantage Opportunitycostforthefarmerproducing8unitsofmeatis32potatoes o Or1meatto4potatoes Therancheris2

Ch. 5, 6, & 7
School: UGA
Course: Principles Of Macroeconomics
ECON2105 CHAPTERS5,6,&7 Wednesday Chapter5 o Priceelasticityofdemand Howpricesensitivearebuyers o Elasticpricesensitive Inelasticnotpricesensitive Elasticityofsupply Pricesensitivityofsellers Shortrun,thingsaremoreinelastic Longrun,thingsaremoreelastic(as

Ch. 9 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON 2105 CHAPTER 9 Wednesday Ch. 9 (we skipped 8)  Trade Using supply and demand to see why we trade Graph 6 If World Price > Equilibrium price then we would want to export Law of one price price of an item merge to one price If wp < equilibrium then we

Ch. 1 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON2105 CHAPTER1: DemandProcessGovernmentAllocated EconomicsAllocationofscarceresources o Scarcity MonaLisascarce Water(drought)scarce CleanAirscarce Peopleneedtowantit o Needstobealimitedamount BrokenGlasslimitedbutnotwanted Ex. Mostresourcesshouldbereg

Ch. 10 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON 2105 CHAPTER 10 GDP Gross domestic product Income Approach o Wages o Profit o Rent o Interest Expenditures approach stuff bought Differences between the two statistical discrepancy GDP The market value (A) of all (B) Final (C) goods (D) and services

Ch. 11 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON 2105 CHAPTER 11 Friday Ch. 11 CPI Consumer price Index o Measure of average prices paid by consumers for a fixed basket of goods and services PPI Production price index Fixed Basket the consumers expenditures survey Year Product Quantity Price 2002 I

Ch. 13 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON 2105 CHAPTER 13 Saving and Investment o Financial System group of institutions that match Savings with Invertors o Finacial Markets Directly Bonds Certificate of indebtness Stocks own part of a company o In economics, Investment is Capital, machines

Ch. 16 Notes
School: UGA
Course: Principles Of Macroeconomics
ECON 2105 CHAPTER 16 Money 3 functions of money o Medium of exchange use cash to buy items o Unit of account you know 2 dollars is twice as much as 1 o No longer have to barter You can tell if something is worth twice as much as another item Store value 

Exchange Rates And The Balance Of Payments
School: UGA
Course: MACROECONOMICS
Exchange Rates and the Balance of Payments Foreign Exchange Market Where Currency is Exchanged and FX Rates Determined Foreign Exchange Market Where the currency of one country is exchanged for the currency of another country. It has many traders and

Fiscal Policy
School: UGA
Course: MACROECONOMICS
Fiscal Policy Pieces of Chapter 11 and 13 The long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is

Anova
School: UGA
Course: Micro Econ
Introduction to Probability and Statistics Lecture notes Analysis of Variance  ANOVA Objectives: 1. Discuss the basic concepts of multiple comparisons 2. Learn the F distribution and statistic 3. Learn the formulas for performing an ANOVA test 4. Discuss

Normal_cdf
School: UGA
Course: Micro Econ
Table 1: Table of the Standard Normal Cumulative Distribution Function (z) z 3.4 3.3 3.2 3.1 3.0 2.9 2.8 2.7 2.6 2.5 2.4 2.3 2.2 2.1 2.0 1.9 1.8 1.7 1.6 1.5 1.4 1.3 1.2 1.1 1.0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 0.0

TA_Information
School: UGA
Course: Micro Econ
TA Information for ISYE 3770 Summer 2011 Mr. Jin Lee Office : ISyE Main building, Room 448 Coverage : Thursday 11:00 12:00 and 3:00 4:00 Email : jlee736@gatech.edu Mr. Norbert Remeny Office : ISyE Main building, Room 432 Coverage : Tuesday 11:00 12:00 and

Section2_6
School: UGA
Course: Micro Econ
ISYE 3770 Statistics and Applications Lecture notes Measures of Position Objectives: 1. Compute individual items for a ve number summary 2. Compute and use standard variance and deviation Quartiles We can measure the spread of the data by identifying the

Section2_7
School: UGA
Course: Micro Econ
ISYE 3770 Statistics and Applications Lecture notes Measures of Position Objectives: 1. Understand and use the Empirical Rule The Empirical Rule (689599.7) If the distribution of the data is approximately symmetrical with a single peak we usually refer

Section1_4
School: UGA
Course: Micro Econ
ISYE 3770 Statistics and Applications Lecture notes Sampling theory Objectives: 1. Learn the basic concepts of sampling theory 2. Learn what bias is and why it is bad 3. Learn the dierence between voluntary response, convenience, systematic, and simple ra

Section2_2
School: UGA
Course: Micro Econ
ISYE 3770 Statistics and Applications Lecture notes Graphical Representation Objectives: 1. Identify bar graphs, pie graphs, and histograms 2. Interpret a histogram 3. Skewness of a distribution 4. Outliers Graphical Display of Data It is easiest to inter

Section2_4
School: UGA
Course: Micro Econ
MISYE 3770 Statistics and Applications Lecture notes Measures of Centrality Objectives: 1. Identify and compute/derive mean, median, and mode 2. Understand summation notation (big sigma) Measures of Central Tendency Graphical descriptions of data sets are

Section2_5
School: UGA
Course: Micro Econ
ISYE 3770 Statistics and Applications Lecture notes Measures of Spread or Dispersion Objectives: 1. Identify and compute variance and standard deviation 2. Understand degrees of freedom Sample Variance and Standard Deviation Having found the center of the

Section1_2
School: UGA
Course: Micro Econ
ISYE 3770 Statistics and Applications Lecture notes Introduction The Dichotomy in Statistics Statistics can be broadly divided into two separate categories : descriptive and inferential. Descriptive statistics are used to tell us about the data and convey

Section1_3
School: UGA
Course: Micro Econ
ISYE 3770 Statistics and Applications Lecture notes Sampling theory Objectives: 1. Learn the basic concepts of sampling theory 2. Learn what bias is and why it is bad 3. Learn the dierence between voluntary response, convenience, systematic, and simple ra

ECON 2105 Forumulas Test 2 Professor Bulut
School: UGA
Course: MACROECONOMICS
Formulas that will be provided during the exam AS IS Inflation rate = 100 100 100 Profit per unit= Price per unit cost per unit AD=C+I+G+XIM Ex ante real interest rate= nominal interest rate expected (anticipated) inflation rate Ex post real intere

ECON 2105 Syllabus Professor Bulut
School: UGA
Course: MACROECONOMICS
PRINCIPLES OF MACROECONOMICS ECON 210597132 (2 p.m. Class) March 05, 2013 Instructor: Dr. Levent Bulut Office: Brooks Hall, #506 EMail: bulut@uga.edu Phone: 7065423488 Lectures: Tue & Thu: 2:00 p.m.3:15 p.m. Room: Miler LC # 101 Regular Office Hours:

ECON 2105 TEST 1 NOTES PROFESSOR BULUT
School: UGA
Course: MACROECONOMICS
ECON 2105 TEST 1 NOTES PROFESSOR BULUT Module 5 Competitive market: a market in which there are many buyers and sellers of the same good or service, none of whom can influence the price at which the good or service is sold. Supply and demand model: a mo

Counting
School: UGA
Course: Micro Econ
Introduction to Probability and Statistics Lecture notes Concepts of Counting Objectives: 1. Learn the basic concepts of counting 2. What is the factorial and how to compute it 3. Learn the dierence between permutations combinations How many outcomes ar

Probability2
School: UGA
Course: Micro Econ
Introduction to Probability and Statistics Lecture notes Random Variables and Probability Distributions Objectives: 1. Dene a random variable 2. Understand the dierence between a discrete and continuous random variable 3. Construct a probability distribut

Anova2
School: UGA
Course: Micro Econ
The SAS System 1 14:39 Wednesday, July 27, 2011 The ANOVA Procedure Class Level Information Class line Levels 3 Number of Observations Read Number of Observations Used Values ABC 18 18 The SAS System 2 14:39 Wednesday, July 27, 2011 The ANOVA Procedure De

Anova_sas
School: UGA
Course: Micro Econ
The SAS System 1 12:35 Wednesday, July 27, 2011 The ANOVA Procedure Class Level Information Class technique Levels 4 Number of Observations Read Number of Observations Used Values 1234 16 16 The SAS System 2 12:35 Wednesday, July 27, 2011 The ANOVA Proced

Multivar_regress
School: UGA
Course: Micro Econ
The SAS System 1 14:34 Monday, July 18, 2011 The CORR Procedure 5 Variables: depth geology downtime rig_index cost Simple Statistics Variable N Mean Std Dev Sum Minimum Maximum depth geology downtime rig_index cost 16 16 16 16 16 8594 576.31250 158.81250

Multivar_regress
School: UGA
Course: Micro Econ
options ls=80; data rigs; input rig depth geology downtime rig_index cost; cards; 1 5000 319 0 0.624 2596.8 2 5200 241 160 1.010 3328.0 3 6000 268 121 0.634 3181.1 4 6538 345 48 0.903 3198.4 5 7109 549 120 0.566 4779.9 6 7556 552 608 1.034 5905.6 7 8005 4

Regression_example_2
School: UGA
Course: Micro Econ
A study of the development of young children recorded the age in months at which each of 21 children spoke their first word and their Gesell Adaptive Score, the result of an aptitude test taken much later. Child Age 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Regression_example
School: UGA
Course: Micro Econ
Years out of school 4 8 30 24 18 10 21 7 15 28 2 17 12 21 14 Amount of Donation 25 20 50 150 100 10 75 30 25 60 10 25 30 50 10 160 140 120 100 Column B 80 60 40 20 0 0 5 10 15 20 25 30 35

Regress1
School: UGA
Course: Micro Econ
Introduction to Probability and Statistics Lecture notes Relationships: Simple Regression Objectives: 1. Learn the equation for simple regression 2. Compute the regression equation for a given data set Simple Linear Regression Once weve established there

Reg_example
School: UGA
Course: Micro Econ
Introductory Statistics Annotated Example for Linear Regression Problem statement A consumer welfare agency wants to investigate the relationship between the sizes of houses and rents paid by tenants in a small city. The agency collected the following inf

Corr_example
School: UGA
Course: Micro Econ
MATH 1070 Introductory Statistics Annotated Example for Computing Correlation Methodology Correlation is computed by using the following steps (from Cryer and Miller, p. 147148) 1 : 1. Compute the means and standard deviations for each variable. 2. Stand

Corr_notes
School: UGA
Course: Micro Econ
MATH 3070 Introduction to Probability and Statistics Lecture notes Relationships: Scatterplots and Correlation Objectives: 1. Learn the concept of a scatterplot 2. Learn to compute and interpret Pearsons correlation coecient Scatterplots As we saw previo

Twosample_tests
School: UGA
Course: Micro Econ
In a study of the testretest reliability of an adult intelligence rating scale, the testretest Iqs of 12 psychiatric patients were compared at sixweek intervals. The results are shown below. Test the hypothesis that there is no differenc in the test an

Load_Analysis ToolPakExcel2010
School: UGA
Course: Micro Econ
Load the Analysis ToolPak  Excel  Office.com http:/office.microsoft.com/enus/excelhelp/loadtheanalysistoolpakH. Support / Excel / Excel 2007 Help and Howto / Customizing / Loading addins Load the Analysis ToolPak Applies to: Microsoft Office Exc

NYTimes_Medicaid_study
School: UGA
Course: Micro Econ
Study Finds Benefits in Health Insurance for the Poor  NYTimes.com 1 of 3 http:/www.nytimes.com/2011/07/07/health/policy/07medicaid.html?_r=. Reprints This copy is for your personal, noncommercial use only. You can order presentationready copies for dis

Conf_and_hyp
School: UGA
Course: Micro Econ
Introduction to Probability and Statistics Lecture notes Condence Intervals and Hypothesis Testing Objectives: 1. Learn the concepts of estimating a parameter and how to measure the condence of that estimate 2. Point estimates and interval estimates 3. Ch

Probability1
School: UGA
Course: Micro Econ
Introduction to Probability and Statistics Lecture notes Probability Objectives: 1. Learn the basic concepts of probability 2. Learn the basic vocabulary for probability 3. Identify the sample space and outcomes for experiments 4. Identity simple and comp

Homework1econ
School: UGA
Course: MACROECONOMICS
Name: _ Macroeconomics Spring 2008 Homework #1 Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. _ 1. Approximately what percentage of the world's economies experience scarcity? a. 100% b. 75

RUDBECK_SPRING_2009_ECON_2105_3.354.25
School: UGA
Jason C. Rudbeck, Ph.D. Syllabus Spring 2009 Economics 2105 Principles of Macroeconomics 3:35 4:25 PM M/W/F 145 Brooks Hall Office: 514 Brooks Hall Office Ph.: 7065423186 Cell: 8645086940 Office Hours: 2:30 3:20 M/W and by appointment EMail:

RUDBECK_SPRING_2009_ECON_2105_4.405.30
School: UGA
Jason C. Rudbeck, Ph.D. Syllabus Spring 2009 Economics 2105 Principles of Macroeconomics 4:40 5:30 PM M/W/F 145 Brooks Hall Office: 514 Brooks Hall Office Ph.: 7065423186 Cell: 8645086940 Office Hours: 2:30 3:20 M/W and by appointment EMail:

RUDBECK_SPRING_2009_ECON_2105_1.252.15
School: UGA
Jason C. Rudbeck, Ph.D. Syllabus Spring 2009 Economics 2105 Principles of Macroeconomics 1:25 2:15 PM M/W/F 145 Brooks Hall Office: 514 Brooks Hall Office Ph.: 7065423186 Cell: 8645086940 Office Hours: 2:30 3:20 M/W and by appointment EMail:

HARTMAN_SPRING_2009_ECON_2105_
School: UGA
TENTATIVE SYLLABUS ECON 2105 SPRING 2009 Principles of Macroeconomics (Call #s 55295, 75296) Instructor: Dr. Harrison Hartman Lecture: TR 9:30  10:45 am and 11:00 am  12:15 pm, Instructional Plaza N106 Office: 516 Brooks Hall, Phone: 5423667, E

Oldtest2
School: UGA
NATIONAL INCOME ACCOUNTING ! " # $ % + ! " ! " , /. 0' ( + / ' . ( 2 * + /. 0' 1 # $ /. 0' 6 4 # # % ( + & ( ' ) + $ + 1 # * 3 + 4 5% ( ) + , $ $ 5+ *  ' . 0 ' . PUEBLA, MEXICO BEFORE $ 250 million AFTER WOLFSBURG, GERMANY BEFORE AFTER 0 $ 5

Test1h
School: UGA
B C ! " $ & $ ( $ )$ ) ) ) *' * * ( , ( + ( , + , 0 $ " $ $ $ 4 1 2 % & $ & 3 # , B, C, D, A $ E5 # % ' % % E A D +' * . ' , /*  ' * ( ' ) ) ) ) $

Oldtest1
School: UGA
# & ) * + ' !# " ( # #' $ % ' Good Y ! " # $ H B C E ! " % %! %! %! ' " ( "* & +* & * & & " ) ) ) ) $ $ & F A G D Good X J % ," , ," , $ $  & . / % 3 4 5 34 34 % % $ & 0 2 % 1 % ( % % 5 5 & 68 7 7 9 ( " & . ! % 8 % 2 7

Notes57
School: UGA
Chapter Five Notes Diagrammatic summary EXPENDITURE APPROACH )RU WKH WHVW \RX QHHG QRW NQRZ PHPRUL]H WKH GHWDLOV RI DQ\ WRSLFV WKDW DUH SULQWHG LQ JUD\ 7R HQVXUH WKDW \RXU PDFUR PDVWHU\ LV ZHOOURXQGHG DQG WR LQFUHDVH WKH SUREDELOLW\ RI FRUUHFWO\

Hw3
School: UGA
' $  $ . 4 89 ' 56 7 < + 7% = $ 4 ( $ $ 2 * E ; F 7> % ? 57 @A C 7B D ( ) / 0 1 56 7 !" $ * + 2 3 82 # % & , # $ :5 ; 1 89 $ 4 , 6 7 # 3 4 7 $ $ ( $ + $ 2 , ; E ; *: , $ I 7 G 7 7 56 7 8 ' $ ) % A 8 7& H % $ $ 7 8 $ $ $ G # $ , # I $

Test1
School: UGA
; ! ! " # & " , " $ " # " , * " 3 3 0 +1 $ + 2 + $ " $ ' $ % ( ) $ + / / ./ + * " : $ " " " # 3 ' ' 0 0 # 3 ' 1 " 5 ( 1 " 5 "4 ' 0 ( " " " " "4 " ( 2 2 ( 66 6 ) ) # ) $ 1" 9 ) $ 7 $ $ " " 8 2 $ ) ) $ ) ) $ 7 7 ( $ ( ( " 66 6 " " " " " (

Oldtest3
School: UGA
QUESTIONS FROM PREVIOUS SEMESTERS ' TESTS : CHAPTERS 8 13 ECON 2105  SPRING 2005  PROF . HELMS Answers are at the bottom of the last page. 1. When is the actual rate of unemployment less than the natural rate of unemployment? (a) When the

Hw4
School: UGA
CLASS / HOMEWORK HELMS #4 : FISCAL POLICY ( CHAPTER 8 ) ECON 2105  SPRING 2005  PROF . In Chapter 7 and the previous homework problem, we implicitly assumed that there was no government spending (G=0) ei

Econ Study Guide 1
School: UGA
Course: MACROECONOMICS
Things you should know: Graph stuff: Production possibility frontier Comparative advantage/how to calculate Increase/decrease in demand/supply Know which way the graph moves Equilibrium prices and quantity Price ceiling/floors Market for labor How to cal.

Koofer
School: UGA
Course: MACROECONOMICS
E7F Name: Test#3VersionA . " Multiple Choice 'Identig the choice that ffi;:",;'."r"l best completes the statement \/ , \)urry 'f\JA'r.f )  11 ri^\.Nvr\ '.h \tlJ1 / a( l\l \ I Ll VV or ansrvers W the \r/ ( queslion 2,^sQu:,5 \ v2_ aff' "i t) / '. ' L

Notes
School: UGA
Course: MACROECONOMICS
8/16/2010 Ch 1. The Principles of Economics (plus 10 Principles) What is economics The study of how society allocates its SCARCE resources Scarcity a product, resources that are limited in nature Others conditions for scarcity: society has to value it; (t

Test1_a
School: UGA
Course: MACROECONOMICS
Name: _ Macroeconomics Fall 2010 Test #1 Version A Multiple Choice Identify the choice that best completes the statement or answers the question. _ 1. For the United States, resources are a. plentiful for households and plentiful for the economy. b. plent

Test 2
School: UGA
Course: MACROECONOMICS
Test 2 Ch. 15 Econ (unemployment chapter) Things that change unemployment rate U rate=U/U+E Ex. High schooler drop out and now available + seeking workwhat happens to unemployment rate? U goes up and U rate goes up Know: If unemployment goes down, unempl

ABDALLAH_SPRING_2009_ECON_2105
School: UGA
University of Georgia Terry College of Business, Department of Economics ECON 2105: Principles of Macroeconomics Spring 2009 TR: 12.30pm 1.45pm MLC 350 Instructor: Chadi Abdallah Office: 507 Brooks Hall, Terry College of Business Email: cabdall@ug

SIRY_SPRING_2009_ECON_2105
School: UGA
COURSE SYLLABUS ECON 2105: Principles of Macroeconomics Spring 2009 MO, WE, FR 12:201:10 Caldwell 102 Instructor: Dr. Jacek Siry, 4531 Forestry Resources, 5423060, jsiry@warnell.uga.edu Office Hours: MO 1:15 2:15 / WE 11:1512:15, 525 Brooks Hall

Notes812
School: UGA
Chapter Eight Notes NOTE : Page numbers refer to the old edition of the textbook, but it should be easy to find identify their counterparts in the new edition. (Just ask me if any crossreference is unclear.) Unemployment There are four categories

ECON 2105
School: UGA
Course: MACROECONOMICS
ECON 2105: Tues. Jan 8, 2007 Website: http:/rudbeck.myweb.uga.edu Do homework because they are MODEL PROBLEMS. Draw graphs when doing homework and make sure you know how to answer the questions. Tests are applications. How to use the model.not who in