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Second exam topics - Chapter 8 Saving and Investment and...

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Chapter 5: Starting form Real vs. Nominal GDP GDP deflator Inflation rate GDP per Capita Chapter 6: Cost of Living Index  Inflation rate Correcting for Inflation (converting dollar value from different time periods)  Chapter 7: Production and Growth How to calculate the effect of growth rate on GDP. (All the calculation that is talked  about in class and is posted on the blackboard) Productivity and its determinants, Production Function and productivity function
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Unformatted text preview: Chapter 8: Saving and Investment and the Financial System Financial institutions, Debt characteristics: Bank loans, Bonds Stocks Different kinds of savings and the related calculations Market for loanable funds Chapter 9: Basic tools of finance Calculation regarding time value of money. Compounding Risk Aversion Diversification and risk...
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