test 1 study guide

test 1 study guide - ECON 2200-Moore Study Guide for Test 1...

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ECON 2200-Moore Study Guide for Test 1 Test #1 will be held in our regular classroom on Monday, September 17. The test will cover the following sections of the syllabus: I. Introduction: Economic History, Cliometrics & the American Economy Walton & Rockoff, Chap 1 Varian, Hal, “American Companies Show an Edge in Putting Information to Work,” The New York Times , January 12, 2006. Sokoloff, Kenneth L., and Stanley L. Engerman, “History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World,” The Journal of Economic Perspectives , Vol. 14, No. 3, (Summer, 2000), pp. 217-232. Wade, Nicholas, “In Dusty Archives, A Theory of Affluence,” The New York Times , August 7, 2007 II. The Reunification Era: Southern Stagnation, Western Expansion & the Industrial Revolution (c. 1865-1920) Agriculture and the Farm Protest Movement Walton & Rockoff, Chap 15 To prepare for the test, please review the assigned reading in the text, the supplementary readings, your lecture notes and any quizzes. Remember that the topic outlines (posted on WebCT) are ONLY outlines; they are not an adequate substitute for good lecture notes. As you review, pay particular attention to figures and tables that we discussed in class. The test will consist of 35-40 true/false and multiple choice questions. Upon completing the test, you must turn in your scantron and your test booklet. However, you will be given a separate sheet on which to record your answers. You will be able to check your answers using the answer keys that will be posted on WebCT following the test. For the test, you will need a #2 pencil and a picture ID . Below you will find some questions to use as a guide to your studying. While this list is not exhaustive , it does illustrate the types of questions you should be prepared to answer. Be sure to review economic terms/theories , such as: opportunity cost, economies of scale, productivity, elasticity, etc. 1. The study of economic history offers benefits to both historians and economists. Describe these benefits. (Remember the quote by William Parker that we discussed in class.) Better prepare yourself for the future. Provides lessons on nation building and analyzing policies and institutions that impact the nation as well as you personally. “without theory history becomes undisciplined and disorganized, shaping its material by whim, or purely by rhetoric. Without history, theory loses any grounding in the actual course of human event”. William Parker
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(1986). Ultimately enhance the operation and performance of the US economy and to gain personally. 2. Why is the 1958 publication of a paper by Alfred Conrad and John Meyer often associated with the “birth” of economic history? What topic is addressed in their paper? Why was their treatment of this topic controversial, and how did their results differ from
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test 1 study guide - ECON 2200-Moore Study Guide for Test 1...

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