Lecture09 - Announcements: Readings Today Review of I-S...

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Announcements: Readings Today •Review of I-S equilibrium—more examples •Inflation, Price level, Long-run money supply •Mankiw, Ch 4 •Ch 4 will not be on Midterm #1 Will be on Midterm #2 Announcements: Midterm Midterm #1 •Similar format as practice •During lecture Tuesday Oct 12, 1:10-2:30 •Closed book. No notes, computers, etc. •Answers to be written on examination (no bluebooks needed) Announcements: Midterm Midterm #1 room assignments SPECIAL ROOM ASSIGNMENTS ALTERNATE SECTION EXAM ROOMS: 003 Thurs 3-4p Denn 205 Adi Tappan 180 002 Fri 9-10a Lorch 142 Pawel USB 1250 007 Fri 10-11a Denn 237 Pawel USB 1250 ALL OTHER SECTIONS SHOULD TAKE EXAM IN LORCH 140
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Announcements: Office Hours Extra office hours Late this week, early next week See Ctools GSI office hours next after exam: By appointment only Announcements: Class next week Tuesday: In class midterm (alternate rooms) No sections Thurs-Fri Oct 14-15 Lecture Thurs Oct 14 not cancelled
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Review: Using the model of I,S equilibrium Output = income predetermined “Full-emloyment” output Consider shifts to curves How does interest rate adjust to clear markets?
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This note was uploaded on 12/31/2011 for the course ECON 402 taught by Professor House during the Fall '08 term at University of Michigan.

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Lecture09 - Announcements: Readings Today Review of I-S...

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