Midterm Review_2009

Midterm Review_2009 - Ec102 Midterm Review By Prof. Jay...

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Ec102 Midterm Review By Prof. Jay Zagorsky
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3 Things Today Quick Administrative Review Medium Size Review of Lectures Open the floor to questions Feel free to come and go whenever you wish.
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Administrative Details Come to Morse ON TIME! Bring your BU ID Bring #2 pencils (blue and black pen work but no chance to fix mistakes) You may bring a calculator Sit with one chair between you and next person. You can start as soon as you get an exam. Make sure your version number is on the answer sheet.
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Slide Shows Covered Course Introduction World’s Population Social Security Immigration Supply and Demand Business Cycles Gross Domestic Product (GDP) Why are Some Countries Rich and Others Poor? Measuring Unemployment Crime and Punishment Causes of Unemployment Risk and Entrepreneurship US Government Debt Economic Stimulus Plans
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What Have We Covered? Zagorsky chapters World Population Immigration Business Cycles GDP Unemployment Bernanke chapters 1, 7, 13 Introduction Economic Growth, Productivity and Living Standards Spending and Output in Short Run
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Wall Street Journal Goal is to get you to read the news Notice macroeconomics is important part of news Learn what the writers are talking about and what people are concerned about. Do NOT need to memorize all the details in a story. Just make sure you understand the big idea(s) in each story.
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What Does Exam Look Like? 50 multiple choice questions. Here are first 4 questions from an exam I gave in Jan. Questions are all MICRO not macro. Answers are d, a, b, and d.
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Midterm Review_2009 - Ec102 Midterm Review By Prof. Jay...

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