Questions to consider as you read:
Rockoff, Hugh, The Wizard of Oz as a Monetary Allegory, The Journal of Political Economy, Vol. 98, No. 4, (Aug.,
1990), pp. 739-760.
1. In order to understand the Oz allegory, you must understand the economic events that
IV. The Monetary System
A. Following the Civil War, money included (=M) SB notes NB notes Greenbacks o A fiat currency issued by the Federal government during the Civil War; it was legal tender (meaning it had to be accepted legally). Demand deposits
Notes from 03/22 24/11
Questions to consider as you read:
Rockoff, Hugh, The Wizard of Oz as a Monetary Allegory, The Journal of Political Economy,
Vol. 98, No. 4, (Aug., 1990), pp. 739-760.
1. In order to understand the Oz allegory, you must understand t
The Reunification Era: Agriculture & the Farm Protest Movement (Chap 15)
(1865-1920)
I. A comment on southern agriculture. (Note that Chap 15 focuses on rest of U.S.)
The south following the civil war was dramatically below the rest of the country
economi
Introduction:EconomicHistory,Cliometrics&theAmericanEconomy
I. Why Study Economic History?
Without theory history becomes undisciplined and disorganized, shaping its material by whim, or purely by rhetoric.
Without history, theory loses any grounding in t
Questions to consider as you read:
Rockoff, Hugh, The Wizard of Oz as a Monetary Allegory, The Journal of Political
Economy, Vol. 98, No. 4, (Aug., 1990), pp. 739-760.
1. In order to understand the Oz allegory, you must understand the economic events that
The Rise of Big Business (1865-1920)
I. A period of rapid & significant industrial growth Recall change in relative positions of agric & manufacturing o Note growth in labor force v. growth in output (Tables 17.1 & 17.2) 1. Labor force expansion (186
1. Use Tables 17.1 and 17.2 to describe late-19th century growth in both the labor force and output across various sectors of the economy. In which sectors was productivity growth greatest? The labor force was increasing at a rate of 3.4 times the am
Emily Pitts
ECON 2200
Page 1 of 6
The Great Depression:
Part 2
Chapter 23 continued
I. How do economic historians explain the Great Depression?
A. The Monetarist Interpretation: Friedman & Schwartz, A Monetary History of
the US (1963)
m This interpretatio
Study Guide Fall 2010
(Table 17.2) Output expansion as well. In agriculture output growth greater than labor force growth so evidence of increased productivity. In manufacturing output growth also greater than labor force growth, but by a much larger amou
Be sure to review economic terms/theories, such as: economies of scale, productivity, value
added, total fixed cost, monopoly, elasticity, deflation, excess capacity, etc. 1. Use Tables 17.1 and 17.2 to describe late-19th century growth in both the l
ECON 2200 TEST 1 (pt. 1)
Without theory history becomes undisciplined and disorganized, shaping its material by whim,
or purely by rhetoric. Without history, theory loses any grounding in the actual course of human
events. William Parker, 1986
1. Historia
1. Describe the goals and activities of the major agrarian protest organizations. How successful was each organization in achieving its goals? The Grangers: not a political party, they did lobby state legislatures for regulations in RR rates and othe
ECON 2200-Moore Study Guide for Test 2 Test #2 will be held in our regular classroom on Friday, October 12. The test will cover the following sections of the syllabus: II. The Reunification Era: Southern Stagnation, Western Expansion & the Industrial
1.
In Munn v. Illinois (1877), the US Supreme Court held that states:
Student Response
Value
Correct Answer
Feedback
Correct Answer
Feedback
A. cannot issue paper
currencies.
B. cannot enact laws that
interfere with interstate
commerce.
C. may establish l
The Rise of Big Business (1865-1920)
NOTE: Study Table 17.3 for test. Think about mass production, mechanization, income elasticity (malt liquors and tobacco), and how changes reflect the transformation of the US economy. NOTE: Study pages 328-335 fo
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summaries and a practice exam? GreenNotes help you to condense all of your study
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Exam 1 According to William Parker (1986), economics provides historians with theoretical framework for organizing and interpreting historical facts Alfred Conrad and John Meyer Used asset pricing model to study antebellum slavery Believed Phillips was WR
87-157-4 ECON 2200 Moore Test # 4 Wednesday November 14 In addition to the structural weaknesses of the 1920s economy, there were other factors that led to the economic decline of the 1930s. The Smoot-Hawley Tariff (June 1930) was a very high, genera
ECON 2200 Multiple Choice
Under the bimetallic standard, if the mint value (silver:gold) was 15:1 and the market value was
14:1, then ONLY GOLD WOULD CIRCULATE AS MONEY
The National Bank Act of 1863 included all of the provisions:
1) act established paper
Econ 2200-Moore Study Guide for Final Exam I. General Information: The final exam will be held in our regular classroom. Dates/times for each section are: 10:10 Section: Friday, Dec 14, 8:00-11:00 a.m. 11:15 Section: Monday, Dec 10, 12:00-3:00 p.m. Y
Accor
ding to the syllabus, if a student is unable to take a midterm exam _ .
A.
B.
C.
D.
Student Response
Value
the weight of the missed
100%
midterm exam will be added
to the comprehensive final
exam.
he/she will be given a makeup midterm exam once
writ
87-157-5 ECON 2200 Moore Final Review Study Guide The following study guide has been answered according to Dr. Moore's class notes and the questions are posted on WebCT under Course Content > Tests and Study Guides > Study Guide for Final Exam. 1. Wh
Econ 2200 Test 1 Study Guide
1. The study of economic history offers benefits to both historians and economists. Describe the
benefits for each group. (Review the quotes from William Parker and Walton & Rockoff that we discussed
in class.)
Economics = the
Topic 1
Securities Trading
Corresponds to Chapter 3 of BKM
Highlights of this Discussion
What is a trade?
Who are we trading with?
How do we make a trade?
How do you want your trade to execute?
Where do offers come from?
Can I borrow money to make a t
Topic 5
Risk and Return
Corresponds to Chapter 5 of BKM
Highlights of this Unit
Risk and Return
What are they?
How do we measure them?
Investor Preferences
What do we mean?
How do we represent them?
How do I Allocate my
Wealth Among all
Available Asse
Topic 12
Fixed Income: Interest Rate
Risk
Corresponds to Chapter 11 of BKM
Highlights of This Unit
Interest Rate Risk
Duration
Convexity
Interest Rate Risk
Interest rate-sensitive securities are subject to interest rate risk
Price changes as interest rat
Topic 11
Fixed Income Basics
Corresponds to Chapter 10 of BKM
Major Topics
Bond Characteristics
Pricing:
Yields
Returns
Yield Curve
Yield Spread
Spot rates versus Forward rates
Theories of the yield curve
Bond Basics
Security that obligates the issue
Topic 13
Options Market
Corresponds to Chapter 15 of BKM
Highlights of this Unit
Option basics
Option payoffs
Option strategies
Put-call parity
Option Basics
A derivative is a financial contract whose value derives from a traditional
security (stock or bo
