{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Final Review - Economics 202 Macroeconomics Review Sheet...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Economics 202 - Macroeconomics Review Sheet Please note: The following is an outline of the course to help you in preparing for the final exam. Most of the exam will be focused on ch. 3, and chapters 5 – 15. You are also responsible for material covered in all class lectures and for knowing current economic data. This includes the unemployment rate since August 2007, the most recent quarter’s growth rate, the prime, discount and fed funds rates and the most current level of the Dow Jones, the S&P and NASDAQ. I. Introduction and Review of Microeconomics ( Ch. 3) Micro market analysis – a market has demand, supply, a price and quantity traded Demand and supply curves and the law of supply and law of demand Demand and supply determine equilibrium price and quantity Changes in demand and changes in supply mean changes in price Quantity demanded vs. demand Quantity supplied vs. supply The major shifters of demand and the major shifters of supply How a stock market works II. Introduction to Macroeconomics ( Chs. 5-8)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}