ECON 102
ECON 102 - Boğaziçi University Study Resources
  • 8 Pages 4537
    4537

    School: Boğaziçi University

    Name: _ Date: _ 1. In the classical model, it is thought that the long-run: A) and short-run aggregate supply curves are both upward sloping. B) aggregate supply curve is vertical and the short-run aggregate supply curve is upward sloping. C) and short-ru

  • 6 Pages 4338
    4338

    School: Boğaziçi University

    EC 102.03 PS 4 (Income and Expenditure) SPRING 2011 1. The marginal propensity to consume is consumption divided by disposable income. A) True B) False 2. If you expect to get a substantial raise six months from now, this will not affect your current cons

  • 10 Pages 4564
    4564

    School: Boğaziçi University

    PS 10 1. Classical economists point out that: A) there is a trade-off between unemployment and inflation. B) an increase in the money supply leads to an equal proportional rise in the price level. C) government spending can affect aggregate demand. D) the

  • 2 Pages 4528
    4528

    School: Boğaziçi University

    EC 308 Spring 2011 Murat Koyuncu 15/05/2011 PROBLEM SET 5 (Due Date: 25 May 2011, Before class starts) NOTE: Each student is required to work on this problem set individually. Any two problem sets with too similar answers will get zero. There will not be

  • 1 Page homework5
    homework5

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 001: (Graduate) Macroeconomics II Homework 5 (Last revised: May 18, 2011) This problem set (PS) is due on the beginning of the nal exam which will be held at 4:00 p.m. on Wednesday, June 3rd.

  • 2 Pages Lecture_0
    Lecture_0

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 001: (Graduate) Macroeconomics II Lecture 0: Growth Accounting (Last revised: March 3, 2011) In this note, we motivate the need for growth accounting and show how to do it analytically. 1 Prod

  • 1 Page prescott
    prescott

    School: Boğaziçi University

    Overview U of Minnesota Econ 8312 Needed: a theory of TFP This paper presents 3 main ndings: 1 Differences in physical and human capital cannot account for the large income differences observed in the world economy; 2 Total factor productivity (TFP) can;

  • 7 Pages Syllabus
    Syllabus

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 01: Macroeconomics II Instructor: Ceyhun Elgin Oce: NB 209 Oce hours: T 10:50-11:50 and Th 10:55-11:55 E-mail: ceyhun.elgin@boun.edu.tr Website: http:/www.econ.boun.edu.tr/elgin Lecture: T,T,T

  • 31 Pages world_frontier
    world_frontier

    School: Boğaziçi University

    The World Technology Frontier Caselli Francesco, Coleman W.John, 2006, AER presented by Ceyhun Elgin and Alperen Evrin Outline Introduction and Motivation Related Literature The Data The Model Outline Alternative Explanations Quantitative Implicatio

  • 4 Pages 4212
    4212

    School: Boğaziçi University

    EC 102.03 Problem Session 1 (Chapter 7) SPRING 2011 1. In an economy consisting of only households and firms, GDP can be computed by a. adding up the total expenditures of households. b. adding up the total income paid by firms. c. Either a or b are corre

  • 28 Pages 4214
    4214

    School: Boğaziçi University

    Some extra material on GDP and its critique: http:/www.project-syndicate.org/commentary/stiglitz116/English http:/www.nytimes.com/2005/10/04/science/04happ.html?_r=1&ei=5070&en=d59b033e2491f6e2 &ex=1168405200&adxnnl=1&adxnnlx=1168247655-O5Pq6uVA67iC5AdJjH

  • 7 Pages homework4_key
    homework4_key

    School: Boğaziçi University

    (a) Formulate the social planner problem. s Answer: The palnner problem is s max 1 X t t=0 1 ct 1 s:t: = yt = Akt = (1 )kt + it 0; k0 given ct + it + gt kt+1 ct ; kt+1 (b) Dene a decentralized Arrow-Debreu competitive equilibrium for this economy. Answer:

  • 2 Pages homework4
    homework4

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 001: (Graduate) Macroeconomics II Homework 4 (Last revised: May 10, 2011) This problem set (PS) is due on 5:00 p.m. Wednesday, May 18. The maximum score is 100 points. Be sure to review the Sy

  • 2 Pages homework3
    homework3

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 001: (Graduate) Macroeconomics II Homework 3 (Last revised: March 29, 2011) This problem set (PS) is due on Thursday, April 7 at the beginning of class. The maximum score is 100 points. Be sur

  • 35 Pages Binder1
    Binder1

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 01: Macroeconomics II Lecture 1: Competitive equilibrium in a one-period world (Last revised: February 18, 2011) Here we take our rst steps into constructing our benchmark economy. Well start

  • 38 Pages Binder2
    Binder2

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 001: Macroeconomics II Handout 2: A quick introduction to Matlab (Last revised: February 22, 2011) This handout takes the material in Handout 1 and uses it to show how to work with MatlabT M .

  • 52 Pages Binder3
    Binder3

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 01: Macroeconomics II Lecture 9: Solving for an economys (nite and innite) path (Last revised: February 18, 2011) We have the tools. Lets put them to work. So we begin. 1 A trivial example 1.1

  • 1 Page growth_presentation
    growth_presentation

    School: Boğaziçi University

    Political Turnover, Taxes, and the Shadow Economy Ceyhun Elgin Bogazici University Ceyhun Elgin (BOUN) Bilgi University 1 / 63 Motivation Informal Economy vs. Tax Burden What does Informal mean? Informal Sector: A sector which produces legal/illegal goods

  • 53 Pages hansen_prescott_elgin
    hansen_prescott_elgin

    School: Boğaziçi University

    U of Minnesota Stylized facts Econ 8312 The mechanics: Lucas (2002) The transition: Hansen and Prescott (2002) Stagnation in GDP per capita vs. sustained growth in GDP per capita. Population dynamics. Fall in land share of GDP per capita. U of Minnesota M

  • 3 Pages homework1
    homework1

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 001: (Graduate) Macroeconomics II Homework 1 (Last revised: March 3, 2011) This problem set (PS) is due on Tuesday, March 15 at the beginning of class. The maximum score is 100 points. Be sure

  • 7 Pages homework1_key
    homework1_key

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 001: (Graduate) Macroeconomics II Homework 1: Answer key (Last revised: March 14, 2011) Problem 1 Consider an economy where the representative household has a time-separable utility function o

  • 2 Pages homework2
    homework2

    School: Boğaziçi University

    Bogazici University Department of Economics Spring 2011 EC 504 001: (Graduate) Macroeconomics II Homework 2 (Last revised: March 14, 2011) This problem set (PS) is due on Thursday, March 24 at the beginning of class. The maximum score is 100 points. Be su

  • 25 Pages 4260
    4260

    School: Boğaziçi University

    Here are some extra material related to the class for Chapter 8: An article by Krugman on the Myth of Asian Miracle arguing that more inputs rather than greater productivity explained Asian tigers. The article also tells you about the sources of growth in

  • 4 Pages 4261
    4261

    School: Boğaziçi University

    EC 102.03 Problem Session 2 (Chapter 8) SPRING 2011 1. A nation's standard of living is determined by a. its productivity. b. its gross domestic product. c. its national income. d. how much it has relative to others. 2. W hich of the following is true? a.

  • 7 Pages 4407
    4407

    School: Boğaziçi University

    EC 102.03 PS 4 (Income and Expenditure) SPRING 2011 1. The marginal propensity to consume is consumption divided by disposable income. A) True B) False 2. If you expect to get a substantial raise six months from now, this will not affect your current cons

  • 8 Pages 4408
    4408

    School: Boğaziçi University

    Name: _ Date: _ 1. An increase in Social Security benefits will likely increase consumption and shift the aggregate demand curve to the right. A) True B) False 2. Because of the multiplier effect, an increase in government spending of $200 billion will in

  • 8 Pages 4419
    4419

    School: Boğaziçi University

    Name: _ Date: _ 1. In the basic equation of national income accounting, the government directly controls _ and influences _. A) G ; C and I B) T ; G and C C) C ; X and M D) I ; G and T 2. Which of the following is a government transfer? A) wages paid to U

  • 40 Pages 4423
    4423

    School: Boğaziçi University

    WHAT YOU WILL LEARN IN THIS CHAPTER What fiscal policy is and why it is an important tool in managing economic fluctuations Which policies constitute an expansionary fiscal policy and which constitute a contractionary fiscal policy Why fiscal policy has a

  • 10 Pages 4454
    4454

    School: Boğaziçi University

    Name: _ Date: _ 1. According to the efficient markets hypothesis, if you are trying to find out what a stock is really worth, you should: A) study the underlying determinants of the company's future profits. B) examine its recent price changes. C) study t

  • 12 Pages 4483
    4483

    School: Boğaziçi University

    EC102.03 NAME: _ Spring 2011 _ ID #: MIDTERM EXAM II GROUP A Instructions: You have 60 minutes to complete the exam. There will be no extensions. Students are not allowed to go out of the exam room during the exam. Those students who leave the exam room

Back to course listings