Mych04a - Ch4Consumption,Saving, Investment Overview...

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Ch 4  Consumption, Saving,  Investment  Overview  Consumption and Saving  Investment  Goods Market Equilibrium 1
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Overview     -  Three markets in macroeconomics Textboo k Crusoe Choice Labor Market Ch. 3 1-day 2
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Overview     -  Three markets in macroeconomics Textboo k Crusoe Choice Labor Market Ch. 3 1-day Goods Market Ch. 4 2-days 3
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Overview     -  Three markets in macroeconomics Textboo k Crusoe Choice Labor Market Ch. 3 1-day Goods Market Ch. 4 2-days Asset Market Ch. 7 With  Fri. 4
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      The Stock         The Flow Capital,  now K t Output, now Y t   Labor market  equilibrium 5 production
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      The Stock         The Flow Capital,  now K t Output now Y t   Capital, next K t+1   Labor market  equilibrium Goods market  equilibrium 6 production investment
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      The Stock         The Flow Capital,  now K t Output now Y t   Capital, next K t+1   Labor  market equilibrium Goods  market equilibrium Asset market  equilibrium 7 production investment
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Goods market Interest rate Saving Household Stimulus Response r $ 8 S
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Goods market Interest rate Investment Firm Stimulus Response r $ 9 I
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Interest rate Saving Investment Household Firm Stimulus Response r I                 S 10
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Interest rate Saving Investment Household Firm Stimulus Response r I                 S 11
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Interest rate Saving Investment Household Firm Stimulus Response r I                 S Individual rationality Market Equilibrium 12
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Individual Rationality Market Equilibrium Static Model Clock Hands 13
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Individual Rationality Market Equilibrium Static Model Clock Hands Nature External shocks 14
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Individual Rationality Market Equilibrium Static Model Clock Hands Nature External shocks Government Policy response Comparative statics Clock work 15
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S d + C d = Y - G, or, S d = Y - G - C d Y-G Y-G C d S d 1) Conceptual; one application 16
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Y-G Y-G C d S d S d + C = Y - G, or, S d = Y - G - C Y Y G crowds out both C and S d 17
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This note was uploaded on 03/10/2010 for the course ECON 3140 taught by Professor Mbiekop during the Spring '07 term at Cornell University (Engineering School).

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Mych04a - Ch4Consumption,Saving, Investment Overview...

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