sumassign2 - 1 Intro Macro Assignment 2 N Sheflin NOTES Due...

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1 I n t r o M a c r o N . S h e f l i n Assignment 2 NOTES : Due before class 2 on Thursday 5/28 – read the chapters and web material indicated below under READING, do the multiple choice questions under HW in Sakai, review the answers to HW 1 posted there, and look at business news headlines in Google News and/or NY Times, WSJ etc before class. Be ready for quiz1, look at the investment game round 0 in Sakai. Quiz 1 covering assignment/hw1, in class Thursday 5/28. 5-10 very short written answer questions. We’ll look at the basic Keynesian short-run (SR) macro Aggregate Demand and Supply model and use it to introduce some of the key concerns of Macro. In later weeks we will examine the underpinnings of the model. Note that we are starting with the Keynesian SR model and will come back to the Classical, long-run model the text starts with. DO NOT WORRY ABOUT REFERENCES TO MATERIAL FROM CHAPTERS WE HAVE NOT YET COVERED We’ll start talking about the Investment Game this class as well – look at Investment Game Round 0 in Sakai Investment Folder under Resources before class. HOW TO DO THE ASSIGNMENT AND LEARN MACRO Learning economics (or math or biology) is not a matter of just reading the chapters like a novel. Here are some suggestions about effective ways to learn the material. Skim this assignment to get an idea of what it’s about and what you are to be learning Look at the end of chapter summary and questions to find out what you are to be learning. Skim the textbook chapter to get an overview (remember to ignore the sections I indicated below) o Do not underline or highlight. Perhaps put a check next to sections that are confusing to you Read the chapter, concentrating on sections that confuse you Skim the chapter again, concentrating on the whole story. Read the additional material and do any assigned applications.
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This note was uploaded on 03/24/2011 for the course ECON 103 taught by Professor Lin during the Summer '08 term at Rutgers.

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sumassign2 - 1 Intro Macro Assignment 2 N Sheflin NOTES Due...

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