Exam1 - Review for Exam 1 Here is a list with all the...

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Review for Exam 1 Here is a list with all the material covered by the first exam. You have to study my lectures (power point presentations), the assigned readings (week 2, week 3 and week 4, available in Aplia, in “course materials”), the Aplia homeworks and the on- line quizzes. For exam 1 you will have to answer to 40 multiple choice questions. Material that you will have to cover for “Exam 1”: Week 2: Economic Growth Gains from economic growth Poverty Statistics Estimated effects of the economic growth: for poor countries and rich countries The World Income: a classification of countries regarding their GDP per capita, size and population GDP growth: developed versus developing countries Nominal versus Real GDP - How to calculate real GDP - Real GDP as a measure of welfare: shortcomings - GDP as a measure of Expenditure, Income, and Production The Production Function Growth in output: growth in labor, capital and TFP Growth accounting - Definition
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This note was uploaded on 06/22/2009 for the course INTB 3353 taught by Professor Prodan during the Spring '08 term at University of Houston.

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Exam1 - Review for Exam 1 Here is a list with all the...

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