September 29, 2014
Instructor Speaking: Dr. Beckwith
Week 7
Technology and Civilization in the Western Hemisphere
Civilization is not a predetermined pattern or outcome, it takes different forms
in different places.
I.
Differences between western civiliza
Comp 1000
PowerPoint Chapter -7
Todays Exercises
Create a folder under Comp 1000 on One Drive and
name it Class 20.
Download 3 files under Assignment for Class 20 on
Canvas and save them in your Class 20 folder on
OneDrive.
We have 2 exercises for toda
Lecture 8: Aggregate Expenditure
and Output in the Short Run: Part I
Learning Objectives
8.1. The Aggregate Expenditure Model
8.2. Determining the Level of Aggregate Expenditure in the
Economy
8.1. The Aggregate Expenditure
Model
In the long run, real GDP
Lecture 9: Aggregate Expenditure
and Output in the Short Run: Part II
Learning Objectives
9.1
Graphing Macroeconomic Equilibrium
Appendix: The Algebra of Macroeconomic Equilibrium
9.1. Graphing Macroeconomic Equilibrium
Recall that macroeconomic equilibri
Lecture 5: Inflation
Learning Objectives:
5.1. Measuring Inflation
5.2. Using Price Indexes to Adjust for the Effects of
Inflation
5.3. Real versus Nominal Interest Rates
1
5.1. Measuring Inflation
Inflation is one of the most important measures of
econom
F A LL 2010, E C O N 2030, Section 001
E X A M #1 (200 poi nts)
Form 2
N ame_
M U L T IPLE C H O I C E. C hoose the one alternative that best completes the statement or answ ers the question.
1) Which of the following is a microeconomics question?
A) What
Answers to EXAM ONE (Version #2)
1. B
2. D
3. A
4. C
5. C
6. B
7. D
8. A
9. B
10. A
11. C
12. D
13. C
14. E
15. D
16. B
17. A
18. A
19. C
20. B
21. D
22. A
23. D
24. C
25. B
26. D
27. C
28. A
29. B
30. D
Lecture #8
Consider the data in the following table:
Disposable Income, Yd,
$
0
100
200
300
400
Consumption, C,
$
10
70
130
190
250
(a)
Plot the consumption function using the data in
the above table.
1
(b) Calculate the mpc.
(c) Calculate by how much wi
CHAPTER 5 THE LABOR MARKET
LEARNING OBJECTIVES:
1. Explain why unemployment is a problem and how we measure labor market indicators
2. Explain why unemployment occurs and why it is present even at full employment
3. Discuss the three types of unemployment
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