FinalExamReview

FinalExamReview - Review Sheet for Final Exam Fair Game...

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Review Sheet for Final Exam Fair Game chapters: 1, 2, 3, 4, 5, 7, 9, 10, 11, and a (small) portion of 6. Expect a large variety of multiple choice questions. They cover all of the chapters that we have studied and focus mostly on the more recent chapters. Study your old exams and old quizzes. Chapters 10 and 11: You should know and be able to intelligently discuss each of the components of Classical and Keynesian Theory (Real Business Cycle, Misperceptions Theory, Efficiency Wage Theory including stick and carrot, Menu Cost Theory). You should know the general elements of each Classical and Keynesian Theory: What do each believe drive business cycles and why? What Business Cycle Facts do each explain well or poorly? Chapter 6: What elements determine Long Run Economic Growth (based on the growth rate equation that we saw in class)? Know that growth rate equation and what each component means. Open Ended Questions: Expect computation and graphing questions. Be prepared for any of the
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FinalExamReview - Review Sheet for Final Exam Fair Game...

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