BiggestQsETCONE.

BiggestQsETCONE. - 1 1 The Biggest Questions and More ¡...

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Unformatted text preview: 1 1 The Biggest Questions and More ¡ Jobs, Grad School ¡ Inv Game results ¡ Derivatives ¡ Biggest Questions 2 In the News? 3 Course Issues – One ¡ FINAL Thursday May 6 8am CAC Gym ¢ Q&A Tuesday May 5 Q&A 10-11am MU213 ¢ How to Study? £ Essential Questions, Assignments, Review Guides End of chapter ¢ pencils, calculator, id ¢ Study Groups – Chat Rooms ¢ Conflicts – Know when, where ¡ Sakai Course Evaluations ¢ University –now ¢ Mine – post –test, post survey – after exam ¡ GB2 2 4 Investment Game Prizes 5 Jobs, Grad School – short story ¡ Bad times, New world, Smarts ¡ Skills – stat, comp, econ, math ¡ Grades, activities, personality ¡ Bus school? English/Philosophy? ¡ Plan b (and c and d) ¢ Any job, travel, prof accting mba, other grad – MAYBE, Stay in school ,maybe ¡ Types of jobs/careers (econ)- Econ and Life (draft) under resources. ¡ Grad school – Ph.D., yes, MA in many fields, not yet, MBA generally not yet 6 Which of the following is very unlikely to cause a recession ? A. Agg D shock (d falls) B. Agg S shock (S shifts up) C. Increase in the money supply D. Increase in taxes E. Increase in interest rates 3 7 Recession-causes, harm, policies? ¡ Business cycle – downturn, contraction in general economic activity ¢ Fall in Agg D or upward shift in Agg S (stagflation) ¢ Volatile investment, expectations, external shcoks, internal dynamics ¡ Reduced output, employment, social and economic and political harm ¡ Stabilization, counter cyclical monetary and fiscal policy; automatic stabilizers ¢ Increase G, cut T ¢ Increase Ms to lower i ¡ Provide liquidity 8 SR determinants of output, prices, inflation,unemployment? A. Money B. Agg S&D C. Md&Ms D. Phillips Curve E. K, L 9 SR determinants of output , prices, i nflation, interest rates, unemployment ?...
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This note was uploaded on 09/30/2011 for the course ECONOMICS 103 taught by Professor Sheflin during the Spring '08 term at Rutgers.

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BiggestQsETCONE. - 1 1 The Biggest Questions and More ¡...

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