Test review - Econ 1110, Spring 2008, Professor Te 4 Topics...

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Econ 1110, Spring 2008, Professor Te 1 Lecture #10 Review for First Midterm Exam First Midterm Exam: Thursday February 14
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Econ 1110, Spring 2008, Professor Te 2 Logistical Details Exam during class Closed-Book One double sided cheat sheet allowed Computers are NOT permitted Bring only simple calculators
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Econ 1110, Spring 2008, Professor Te 3 Suggested Strategy Survey the landscape Pick the low-hanging fruit If something is unclear, ask for clarification
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Unformatted text preview: Econ 1110, Spring 2008, Professor Te 4 Topics to Emphasize National Accounting Effect of news on interest rate Ricardian equivalence (effects of policy when it holds vs. when it does not). Equilibrium in the labor market; effects of min. wage policies. Borrowing constraints; hyper-smoothing; PVLR; Life Cycle Planning....
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Test review - Econ 1110, Spring 2008, Professor Te 4 Topics...

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