{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Econ110BW11 - Lec5 A - GR_ol

Econ110BW11 - Lec5 A - GR_ol - Macroeconomics B Econ 110B...

Info iconThis preview shows pages 1–11. Sign up to view the full content.

View Full Document Right Arrow Icon
Macroeconomics B Econ 110B – Winter 2011 Prof. Giacomo Rondina Lecture 5
Background image of page 1

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

View Full Document Right Arrow Icon
Plan for Lecture 5 Present Discounted Value Bonds Yield Curve and Economic Activity 2 Expectations: the Basic Tools (Ch. 14)
Background image of page 2
Present Discounted Value Two Period Model 3 Expectations: the Basic Tools (Ch. 14) ' 1 1 Y C Y C r r + = + + + Present Discounted Value of Consumption 1 1 r + Discount Factor Present Discounted Value of Real Income
Background image of page 3

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

View Full Document Right Arrow Icon