Topic 7
Aggregate Expenditure &
Output in the Short Run
Reading: HGLO Chapter 9
(including the Appendix)
Correction to the Textbook
The textbook uses planned aggregate
expenditure and aggregate expenditure
interchangeably.
P.226,
Planned investment (I)
Exercise 2
PART A
Answer ALL questions on the MCQ Sheet provided
(1 mark for each correct answer)
1. Which one of the following newspaper quotations describes a rightward
shift of the LRAS curve?
A) "Recent higher wage settlements are expected to cause hi
Topic 4
Unemployment
Reading: HGLO Chapter 7
Source of image: The Crazy Sign Guy
Long holiday
There will be no lecture or tutorial
class for 3 weeks (from 25/3 to
8/4/2016)
The next lecture will be on
15/4/2016 at 2.00 Pm
There will be one make-up clas
Topic 1
Gross Domestic Product
Reading: HGLO chapter 4
Source of image: The Age.
Textbook Chapters 1-3
Chapter 1 is a general discussion
about economics as a discipline,
and Chapters 2 & 3 are normally
covered in microeconomics.
Chapters 1-3 are not dir
Topic 9
Money and Banking
Reading: HGLO Chapter 11
Abbreviations
CB central bank
PBC Peoples Bank of China
QE quantitative easing
QTM quantity theory of money
RRR - reserve requirement ratio
Headlines
In 2013, Virgin Galactic announced
to accept bitcoin
Topic 2
Long-run Growth
Reading: HGLO Chapters 5&6
Source of image: Yale.
Summary of Different GDP Measures
Nominal GDP = GDP (current price)
Real GDP = GDP (constant price)
useful for comparing a countrys own outputs
over different time periods
Nomin
Shakespeare script
1: son: John Baker
2: mother: bertha Baker
3: daughter: Carla Baker
4: daughters friend: Christina Jobson
Story - 1 comes late, 2 puts the phone down and starts questioning his lateness,
both of them starting arguing, 3 comes in and ope
Ninth homework set
Due at the beginning of class on Thursday, Apr 28. No late homework will be
accepted.
Fold your homework paper vertically and PRINT your name on the outside.
1. Show that c = 2 and c = i are Misiurewicz points for zn+1 = zn2 + c, and
sh
Seventh homework set
Due at the beginning of class on Thursday, Apr 14. No late homework will be
accepted.
Fold your homework paper vertically and PRINT your name on the outside.
1. (a) Show that x = 3/4 is a fixed point of L(x) = 4x(1 x).
(b) Show that x
Second homework set solutions
r
0.5
-0.5
0.25
0.25
1.
s
0.5
0.5
0.25
0.25
0
0
0
90
0
0
0
90
e
0
1
0.5
0.25
f
0
0.5
0
0.75
2. Inspecting the IFS with memory images with length 2 address squares superimposed, we see that for (a) the forbidden length 2 addre
Fourth homework set
Due at the beginning of class on Thursday, Feb 25. No late homework will be
accepted.
Fold your homework paper vertically and PRINT your name on the outside.
1. Compute the exact values of the similarity dimension of this fractal.
2. U
Eighth homework set
Due at the beginning of class on Thursday, Apr 21. No late homework will be
accepted.
Fold your homework paper vertically and PRINT your name on the outside.
1. How many N = 4 (each neighborhood consists of 4 cells) binary (each cell i
Third homework set
Due at the beginning of class on Thursday, Feb 18. No late homework will be
accepted.
Fold your homework paper vertically and PRINT your name on the outside.
1. Can this fractal be generated by an IFS with 1-step memory (forbidden
pairs
Sixth homework set
Due at the beginning of class on Thursday, Apr 7. No late homework will be
accepted.
Fold your homework paper vertically and PRINT your name on the outside.
1. Suppose we build a randomized gasket with these scalings:
(
1/2 with prob 1/
Second homework set
Due at the beginning of class on Thursday, Feb 11. No late homework will be
accepted.
Fold your homework paper vertically and PRINT your name on the outside.
1. Find IFS rules for this fractal. For reference, the fractal is enclosed in
Fifth homework set
Due at the beginning of class on Thursday, Mar 3. No late homework will be
accepted.
Fold your homework paper vertically and PRINT your name on the outside.
1. Suppose C is a Cantor set consisting of N = 2 pieces scaled by r. Find the
v
Math 203 Problem Set 1 Solutions
Monday, October 10, 2005
Problem 1
Statement
Let A be a nonempty subset of R. Define A = cfw_x ; x A. Show that
sup(A) = inf A
inf(A) = sup A.
Solution
We shall show that
sup(A) = inf A.
First, assume that the infimum of A
Assignment 2, Math 20300
(1) Draw a picture for the following sets in the xy plane:
(a) cfw_0 cfw_1,
(b) (a, b) R,
(c) R cfw_1,
(d) cfw_1 [1, 1],
(e) What is the cartesian product of A = cfw_0, 1 and B = cfw_1,
2? (You only need to write
the answer, no pi
Boston University
MA 569 A1
Optimization Methods of Operations Research
Summer 1, 2015
Matthew Morse
Syllabus
Class Time: Monday, Tuesday, Wednesday, Thursday 11:00am1:00pm. No Class Monday,
May 25. Extra Class, Friday, May 29.
Location: PSY B51
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