FINAL EXAM REVIEW

FINAL EXAM REVIEW - FINAL EXAM Schedule Mon (Dec 20,...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
FINAL EXAM Schedule Mon (Dec 20, 12:00-2:00PM, 138 Hickman (in the same classroom). NOTE: You need only 2 hours to complete this test, so arrive on time, at 12 noon SHARP EXTRA OFFICE HOURS Tues (Dec 14) and Wed (Dec 15) 9:30am - 11:30am Review Session: Tuesday, December 14; 1 pm – 3 pm; 100 Milledoler Final Exam Coverage Theme: General Equilibrium Approach to Open Economy Macroeconomics (Effectiveness of Macro Policies under Fixed and Flexible Exchange Rate Regimes with various degrees of Capital Mobility) CHAPTER 14 (ALL) Goods Market Equilibrium; aggregate expenditure model (Keynesian 45 degree diagram owing Y = C+I+G+(X-M); simple Keynesian multiplier in an open economy; Current Account Balance (CAB); interactive results showing effects of changes in the parameters on equilibrium income and CAB; J-Curve, Twin Deficits; The IS Curve (downward sloping), shifts of the IS curve CHAPTER 15 (skip. Banking Crises - pp. 482-491) Money Market Equilibrium; money multiplier The LM Curve (upward sloping), shifts of the LM curve Balance of Payments (BOP) Equilibrium: CAB + KAB = 0 The BOP Curve (upward sloping, in general, showing some degree of capital mobility), shifts of the BOP curve Special cases Vertical BOP Curve (Perfect Capital Immobility) Horizontal BOP Curve (Perfect Capital Mobility)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/10/2011 for the course ECON 300 taught by Professor Gang during the Spring '06 term at Rutgers.

Page1 / 3

FINAL EXAM REVIEW - FINAL EXAM Schedule Mon (Dec 20,...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online