Lecture00 - ECN 101 UNDERGRADUATE MACROECONOMICS ourse...

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Unformatted text preview: ECN 101 UNDERGRADUATE MACROECONOMICS ourse Overview ourse Overview Course Overview Course Overview rofessor: ar Jord Professor: scar Jord Spring 2008 Why Macroeconomics? Why Macroeconomics? Are we in a recession? What should we do about it? The US dollar has lost almost 70% of its value with respect to the Euro since 2002. Why did that happen? What should we do about it? The Fed orchestrated the purchase of Bear Stearns by JP Morgan with a 30 billion loan. Why did that happen? Should they have done that? The federal government will be sending rebate checks of up to $600 starting sometime in May. Will this stimulate the economy out of a recession? Last summer, the Federal funds rate was at 5.25%. Today it is less than half (at 2.25%). What is the federal funds rate and is 2.25% the right value? Will you vote in the next Presidential Election in November? Have you read the candidates economic programs? Do you find them persuasive? ECN 101 ECN 101 - MACROECONOMICS MACROECONOMICS slide 1 Fedviews Fedviews, March 14, 2008 (SFFED) , March 14, 2008 (SFFED) ECN 101 ECN 101 - MACROECONOMICS MACROECONOMICS slide 2 Fedviews Fedviews (cont.) (cont.) ECN 101 ECN 101 - MACROECONOMICS MACROECONOMICS slide 3 Fedviews Fedviews (cont.) (cont.) ECN 101 ECN 101 - MACROECONOMICS MACROECONOMICS slide 4 Fedviews Fedviews (cont.) (cont.) ECN 101 ECN 101 - MACROECONOMICS MACROECONOMICS slide 5 Fedviews Fedviews (cont.) (cont.) ECN 101 ECN 101 - MACROECONOMICS MACROECONOMICS slide 6 Fedviews Fedviews (cont.) (cont.) ECN 101 ECN 101 - MACROECONOMICS MACROECONOMICS slide 7 Housing Housing ECN 101 ECN 101 - MACROECONOMICS MACROECONOMICS slide 8 In the News...
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Lecture00 - ECN 101 UNDERGRADUATE MACROECONOMICS ourse...

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