PP_Slides_Class_1_Monday_January_7

PP_Slides_Class_1_Monday_January_7 - Good Afternoon! Class...

Info iconThis preview shows pages 1–12. Sign up to view the full content.

View Full Document Right Arrow Icon
Good Afternoon!! Class 1 Monday, January 7
Background image of page 1

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

View Full DocumentRight Arrow Icon
Welcome to Econ 202 Section 4 Professor Christine Amsler TA Michael Gallagher (here in class)
Background image of page 2
Economics is a different way of looking at the world. Economics helps us understand the world.
Background image of page 3

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

View Full DocumentRight Arrow Icon
MACROECONOMICS Fiscal Policy Monetary Policy
Background image of page 4
9/18/07 Fed lowered the Fed Funds target rate from 5.25% to 4.75% -to prevent housing slump and credit crunch from causing a recession -first cut in Fed Funds target rate in 4 years
Background image of page 5

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

View Full DocumentRight Arrow Icon
10/31/07 Fed cut Fed funds target rate from 4.75% to 4.50% “to help the economy weather the deepening housing slump”
Background image of page 6
12/11/07 Fed cut Fed Funds target rate from 4.50% to 4.25% “The action is aimed at preventing a housing and credit meltdown from pushing the economy into a recession.”
Background image of page 7

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

View Full DocumentRight Arrow Icon
1/4/08 December unemployment rate 5.0% 2007 August 4.6% September 4.7% October 4.7% November 4.7%
Background image of page 8
Macroeconomics evolved as a response to historical events Chapter One in Slavin is very important
Background image of page 9

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

View Full DocumentRight Arrow Icon
Class Materials Macroeconomics by Stephen Slavin, 8e iClicker Aplia
Background image of page 10
a. Paul Krugman
Background image of page 11

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

View Full DocumentRight Arrow Icon
Image of page 12
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/31/2008 for the course ECON 202 taught by Professor Amsler during the Spring '08 term at Michigan State University.

Page1 / 19

PP_Slides_Class_1_Monday_January_7 - Good Afternoon! Class...

This preview shows document pages 1 - 12. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online