lect08272009

Berkeleyedu httplecturenotesberkeleyedu economics

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Unformatted text preview: du http://lecturenotes.berkeley.edu Economics Answer Center Link from Econ 100B web page Form study groups GSI & Olney office hours Administrative Matters Overview of Course Review of Economics 1 3 8/27/2009 1:35 PM Three models [1] Long-run growth (Chapters 4 & 5) LongWhat determines changes in the standard of living? generation to generation change Administrative Matters Overview of Course Review of Economics 1 An important result Most strategies Help Long-Run And Hurt Short-Run Help Short-Run And Hurt Long-Run Three models, continued [2] Composition of output in the long run (Chapter 7) When the economy is at full employment, what determines the mix of C, I, G, and NX? Few strategi...
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