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ECON 2105 - MACROECONOMICS - UGA Study Resources
  • 9 Pages ECON 2105 Test 2 Highlights Professor Bulut
    ECON 2105 Test 2 Highlights Professor Bulut

    School: UGA

    Course: MACROECONOMICS

    HIGHLIGHTS OF THE MODULES Caution: Below is the brief summary of the modules. It does not claim to cover all important materials in each module, instead, consider these notes as a quick summary of each model. Please let me know if you see any error in the

  • 11 Pages ECON 2105 Syllabus
    ECON 2105 Syllabus

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    PRINCIPLES OF MACROECONOMICS ECON 2105-25724 (12:20 p.m. Class) January 06, 2014 Instructor: Levent Bulut Office: Brooks Hall, #506 E-Mail: bulut@uga.edu Phone: 706-542-3488 Twitter: @BulutEconomics Lectures: MWF: 12:20 p.m.-1:10 p.m. Room: SLC-171 Walk-i

  • 1 Page Chapter9
    Chapter9

    School: UGA

    Course: MACROECONOMICS

    Test 2~Chapter 9 Consumer Surplus Producer Surplus Government Revenue Total Surplus Before Tariff A+B+C+D+E+F G None A+B+C+D+E+F+G After Tariff A+B C+G E A+B+C+E+G Change -(C+D+E+F) +C +E -(D+F)

  • 1 Page Econ Notes Page 1 4:6
    Econ Notes Page 1 4:6

    School: UGA

    Course: Maco

  • 0 Pages Econ notes 4:11 #1
    Econ Notes 4:11 #1

    School: UGA

    Course: Maco

  • 1 Page Econ notes 4:11 #2
    Econ Notes 4:11 #2

    School: UGA

    Course: Maco

  • 1 Page Econ notes 4:11 #3
    Econ Notes 4:11 #3

    School: UGA

    Course: Maco

  • 1 Page Econ notes 4:11 #4
    Econ Notes 4:11 #4

    School: UGA

    Course: Maco

  • 1 Page econ notes 4:11 #5
    Econ Notes 4:11 #5

    School: UGA

    Course: Maco

  • 4 Pages ECON 2105 TEST 1 NOTES PROFESSOR BULUT
    ECON 2105 TEST 1 NOTES PROFESSOR BULUT

    School: UGA

    Course: MACROECONOMICS

    ECON 2105 TEST 1 NOTES PROFESSOR BULUT Module 5 Competitive market: a market in which there are many buyers and sellers of the same good or service, none of whom can influence the price at which the good or service is sold. Supply and demand model: a mo

  • 12 Pages ECON 2105 Syllabus Professor Bulut
    ECON 2105 Syllabus Professor Bulut

    School: UGA

    Course: MACROECONOMICS

    PRINCIPLES OF MACROECONOMICS ECON 2105-97132 (2 p.m. Class) March 05, 2013 Instructor: Dr. Levent Bulut Office: Brooks Hall, #506 E-Mail: bulut@uga.edu Phone: 706-542-3488 Lectures: Tue & Thu: 2:00 p.m.-3:15 p.m. Room: Miler LC # 101 Regular Office Hours:

  • 1 Page ECON 2105 Forumulas Test 2 Professor Bulut
    ECON 2105 Forumulas Test 2 Professor Bulut

    School: UGA

    Course: MACROECONOMICS

    Formulas that will be provided during the exam AS IS Inflation rate = 100 100 100 Profit per unit= Price per unit cost per unit AD=C+I+G+X-IM Ex ante real interest rate= nominal interest rate- expected (anticipated) inflation rate Ex post real intere

  • 1 Page Chapter16
    Chapter16

    School: UGA

    Course: MACROECONOMICS

    Test 3: Chapter 16

  • 1 Page Chapter17
    Chapter17

    School: UGA

    Course: MACROECONOMICS

    Test 3: Chapter 17 Money supply/demand

  • 3 Pages Information on the First Exam
    Information On The First Exam

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    Dear All, We will have our first test on WEDNESDAY, FEBRUARY THE 5TH, during the regular class hour. The Rules during the TEST What to Bring Not Allowed If it is not an emergency situation, please do not take a bathroom break. Please read the followings c

  • 2 Pages formulas Test 1
    Formulas Test 1

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    The following equations will be provided to you during the test. Please, do NOT PRINT this page. GDP = C + I + G + X - IM real wage= wage rate/ price level Net Export = X - IM Labor Force Participat ion Rate Labor force 100 Adult population Labor Force E

  • 1 Page Chapter20
    Chapter20

    School: UGA

    Course: MACROECONOMICS

    Test 3: Chapter 20

  • 8 Pages test2_d
    Test2_d

    School: UGA

    Course: MACROECONOMICS

    Name: _ Macroeconomics Spring 2011 Test #2 Version D Multiple Choice Identify the choice that best completes the statement or answers the question. Figure 9-6 _ 1. Refer to Figure 9-6 above. The amount of revenue collected by the government from the tarif

  • 8 Pages test2_a
    Test2_a

    School: UGA

    Course: MACROECONOMICS

    Name: _ Macroeconomics Spring 2011 Test #2 Version A Multiple Choice Identify the choice that best completes the statement or answers the question. Figure 9-6 _ 1. Refer to Figure 9-6 above. The amount of revenue collected by the government from the tarif

  • 8 Pages test2_b
    Test2_b

    School: UGA

    Course: MACROECONOMICS

    Name: _ Macroeconomics Spring 2011 Test #2 Version B Multiple Choice Identify the choice that best completes the statement or answers the question. Figure 9-6 _ 1. Refer to Figure 9-6 above. The amount of revenue collected by the government from the tarif

  • 9 Pages test1_d
    Test1_d

    School: UGA

    Course: MACROECONOMICS

    Name: _ Macroeconomics Spring 2009 Test #1 Version D Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. _ _ _ _ _ _ 1. The opportunity cost of going to college includes a. the value of the best opp

  • 9 Pages test1_a
    Test1_a

    School: UGA

    Course: MACROECONOMICS

    Name: _ Macroeconomics Spring 2009 Test #1 Version A Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. _ 1. The opportunity cost of going to college includes a. the total spent on food, clothing,

  • 1 Page Chapter20~2
    Chapter20~2

    School: UGA

    Course: MACROECONOMICS

  • 8 Pages test3_b
    Test3_b

    School: UGA

    Course: MACROECONOMICS

    Name: _ Macroeconomics Spring 2011 Test #3 Version B Multiple Choice Identify the choice that best completes the statement or answers the question. _ 1. The confidence you have that a retailer will accept dollars in exchange for goods and services is base

  • 8 Pages test3_a
    Test3_a

    School: UGA

    Course: MACROECONOMICS

    Name: _ Macroeconomics Spring 2011 Test #3 Version A Multiple Choice Identify the choice that best completes the statement or answers the question. _ 1. The confidence you have that a retailer will accept dollars in exchange for goods and services is base

  • 4 Pages section1_3
    Section1_3

    School: UGA

    Course: Micro Econ

    ISYE 3770 Statistics and Applications Lecture notes Sampling theory Objectives: 1. Learn the basic concepts of sampling theory 2. Learn what bias is and why it is bad 3. Learn the dierence between voluntary response, convenience, systematic, and simple ra

  • 2 Pages section1_2
    Section1_2

    School: UGA

    Course: Micro Econ

    ISYE 3770 Statistics and Applications Lecture notes Introduction The Dichotomy in Statistics Statistics can be broadly divided into two separate categories : descriptive and inferential. Descriptive statistics are used to tell us about the data and convey

  • 3 Pages NYTimes_Medicaid_study
    NYTimes_Medicaid_study

    School: UGA

    Course: Micro Econ

    Study Finds Benefits in Health Insurance for the Poor - NYTimes.com 1 of 3 http:/www.nytimes.com/2011/07/07/health/policy/07medicaid.html?_r=. Reprints This copy is for your personal, noncommercial use only. You can order presentation-ready copies for dis

  • 1 Page Load_Analysis ToolPak-Excel-2010
    Load_Analysis ToolPak-Excel-2010

    School: UGA

    Course: Micro Econ

    Load the Analysis ToolPak - Excel - Office.com http:/office.microsoft.com/en-us/excel-help/load-the-analysis-toolpak-H. Support / Excel / Excel 2007 Help and How-to / Customizing / Loading add-ins Load the Analysis ToolPak Applies to: Microsoft Office Exc

  • 3 Pages two-sample_tests
    Two-sample_tests

    School: UGA

    Course: Micro Econ

    In a study of the test-retest reliability of an adult intelligence rating scale, the test-retest Iqs of 12 psychiatric patients were compared at six-week intervals. The results are shown below. Test the hypothesis that there is no differenc in the test an

  • 2 Pages corr_notes
    Corr_notes

    School: UGA

    Course: Micro Econ

    MATH 3070 Introduction to Probability and Statistics Lecture notes Relationships: Scatter-plots and Correlation Objectives: 1. Learn the concept of a scatterplot 2. Learn to compute and interpret Pearsons correlation coecient Scatterplots As we saw previo

  • 3 Pages corr_example
    Corr_example

    School: UGA

    Course: Micro Econ

    MATH 1070 Introductory Statistics Annotated Example for Computing Correlation Methodology Correlation is computed by using the following steps (from Cryer and Miller, p. 147-148) 1 : 1. Compute the means and standard deviations for each variable. 2. Stand

  • 4 Pages reg_example
    Reg_example

    School: UGA

    Course: Micro Econ

    Introductory Statistics Annotated Example for Linear Regression Problem statement A consumer welfare agency wants to investigate the relationship between the sizes of houses and rents paid by tenants in a small city. The agency collected the following inf

  • 5 Pages regress1
    Regress1

    School: UGA

    Course: Micro Econ

    Introduction to Probability and Statistics Lecture notes Relationships: Simple Regression Objectives: 1. Learn the equation for simple regression 2. Compute the regression equation for a given data set Simple Linear Regression Once weve established there

  • 2 Pages regression_example
    Regression_example

    School: UGA

    Course: Micro Econ

    Years out of school 4 8 30 24 18 10 21 7 15 28 2 17 12 21 14 Amount of Donation 25 20 50 150 100 10 75 30 25 60 10 25 30 50 10 160 140 120 100 Column B 80 60 40 20 0 0 5 10 15 20 25 30 35

  • 3 Pages regression_example_2
    Regression_example_2

    School: UGA

    Course: Micro Econ

    A study of the development of young children recorded the age in months at which each of 21 children spoke their first word and their Gesell Adaptive Score, the result of an aptitude test taken much later. Child Age 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

  • 1 Page multivar_regress
    Multivar_regress

    School: UGA

    Course: Micro Econ

    options ls=80; data rigs; input rig depth geology downtime rig_index cost; cards; 1 5000 319 0 0.624 2596.8 2 5200 241 160 1.010 3328.0 3 6000 268 121 0.634 3181.1 4 6538 345 48 0.903 3198.4 5 7109 549 120 0.566 4779.9 6 7556 552 608 1.034 5905.6 7 8005 4

  • 9 Pages multivar_regress
    Multivar_regress

    School: UGA

    Course: Micro Econ

    The SAS System 1 14:34 Monday, July 18, 2011 The CORR Procedure 5 Variables: depth geology downtime rig_index cost Simple Statistics Variable N Mean Std Dev Sum Minimum Maximum depth geology downtime rig_index cost 16 16 16 16 16 8594 576.31250 158.81250

  • 1 Page CEO_salaries
    CEO_salaries

    School: UGA

    Course: Micro Econ

  • 11 Pages conf_and_hyp
    Conf_and_hyp

    School: UGA

    Course: Micro Econ

    Introduction to Probability and Statistics Lecture notes Condence Intervals and Hypothesis Testing Objectives: 1. Learn the concepts of estimating a parameter and how to measure the condence of that estimate 2. Point estimates and interval estimates 3. Ch

  • 3 Pages section2_5
    Section2_5

    School: UGA

    Course: Micro Econ

    ISYE 3770 Statistics and Applications Lecture notes Measures of Spread or Dispersion Objectives: 1. Identify and compute variance and standard deviation 2. Understand degrees of freedom Sample Variance and Standard Deviation Having found the center of the

  • 1 Page section2_4
    Section2_4

    School: UGA

    Course: Micro Econ

    MISYE 3770 Statistics and Applications Lecture notes Measures of Centrality Objectives: 1. Identify and compute/derive mean, median, and mode 2. Understand summation notation (big sigma) Measures of Central Tendency Graphical descriptions of data sets are

  • 2 Pages section2_2
    Section2_2

    School: UGA

    Course: Micro Econ

    ISYE 3770 Statistics and Applications Lecture notes Graphical Representation Objectives: 1. Identify bar graphs, pie graphs, and histograms 2. Interpret a histogram 3. Skewness of a distribution 4. Outliers Graphical Display of Data It is easiest to inter

  • 4 Pages section1_4
    Section1_4

    School: UGA

    Course: Micro Econ

    ISYE 3770 Statistics and Applications Lecture notes Sampling theory Objectives: 1. Learn the basic concepts of sampling theory 2. Learn what bias is and why it is bad 3. Learn the dierence between voluntary response, convenience, systematic, and simple ra

  • 1 Page section2_7
    Section2_7

    School: UGA

    Course: Micro Econ

    ISYE 3770 Statistics and Applications Lecture notes Measures of Position Objectives: 1. Understand and use the Empirical Rule The Empirical Rule (68-95-99.7) If the distribution of the data is approximately symmetrical with a single peak we usually refer

  • 2 Pages section2_6
    Section2_6

    School: UGA

    Course: Micro Econ

    ISYE 3770 Statistics and Applications Lecture notes Measures of Position Objectives: 1. Compute individual items for a ve number summary 2. Compute and use standard variance and deviation Quartiles We can measure the spread of the data by identifying the

  • 22 Pages TA_Information
    TA_Information

    School: UGA

    Course: Micro Econ

    TA Information for ISYE 3770 Summer 2011 Mr. Jin Lee Office : ISyE Main building, Room 448 Coverage : Thursday 11:00 12:00 and 3:00 4:00 Email : jlee736@gatech.edu Mr. Norbert Remeny Office : ISyE Main building, Room 432 Coverage : Tuesday 11:00 12:00 and

  • 1 Page normal_cdf
    Normal_cdf

    School: UGA

    Course: Micro Econ

    Table 1: Table of the Standard Normal Cumulative Distribution Function (z) z -3.4 -3.3 -3.2 -3.1 -3.0 -2.9 -2.8 -2.7 -2.6 -2.5 -2.4 -2.3 -2.2 -2.1 -2.0 -1.9 -1.8 -1.7 -1.6 -1.5 -1.4 -1.3 -1.2 -1.1 -1.0 -0.9 -0.8 -0.7 -0.6 -0.5 -0.4 -0.3 -0.2 -0.1 -0.0 0.0

  • 4 Pages counting
    Counting

    School: UGA

    Course: Micro Econ

    Introduction to Probability and Statistics Lecture notes Concepts of Counting Objectives: 1. Learn the basic concepts of counting 2. What is the factorial and how to compute it 3. Learn the dierence between permutations combinations How many outcomes ar

  • 2 Pages probability2
    Probability2

    School: UGA

    Course: Micro Econ

    Introduction to Probability and Statistics Lecture notes Random Variables and Probability Distributions Objectives: 1. Dene a random variable 2. Understand the dierence between a discrete and continuous random variable 3. Construct a probability distribut

  • 6 Pages probability1
    Probability1

    School: UGA

    Course: Micro Econ

    Introduction to Probability and Statistics Lecture notes Probability Objectives: 1. Learn the basic concepts of probability 2. Learn the basic vocabulary for probability 3. Identify the sample space and outcomes for experiments 4. Identity simple and comp

  • 1 Page anova_table
    Anova_table

    School: UGA

    Course: Micro Econ

  • 9 Pages Exam 3 Review
    Exam 3 Review

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    Lifetip:ActuallydotheInquisitivestuff.Notonlyisitfreebonuspoints(atleast15to yourTopHatscoresimplyforcompletingtheassignmentyoudonthavetoevengetthe questionsright)butitsactuallyprettyhelpfulforpracticingtheseconcepts. whatisthat stuff?likewhatassignments?

  • 9 Pages Chapter 10
    Chapter 10

    School: UGA

    Course: Macroeconomics

    Chapter10.Externalities 21:41 Externality:theuncompensatedimpactofonespersonsactionsonthewellbeingofa bystander ariseswhenapersonengagesinanactivitythatinfluencesthewellbeingofa bystander,nocompensationpaidnoreceived impactonthebystanderisadverse,itiscall

  • 8 Pages CHAPTER 11 PUBLIC GOODS and COMMON RESOURCES
    CHAPTER 11 PUBLIC GOODS And COMMON RESOURCES

    School: UGA

    Course: Macroeconomics

    CHAPTER11PUBLICGOODSandCOMMON RESOURCES 20:35 Natureprovidesfreethingsrivers,mountains,beaches,lakes,andoceans. The government provides others, such as playgrounds, parks, and parades. Goods without prices provide a special challenge for economic analysis

  • 9 Pages Chapter 18 quiz
    Chapter 18 Quiz

    School: UGA

    Course: Macroeconomics

    Chapter 18 Quiz Multiple Choice Identify the choice that best completes the statement or answers the question. _ 1. The factors of production are best defined as the a. output produced from raw materials. b. inputs used to produce goods and services. c. w

  • 7 Pages Chapter 19 quiz
    Chapter 19 Quiz

    School: UGA

    Course: Macroeconomics

    Chapter 19 Quiz Multiple Choice Identify the choice that best completes the statement or answers the question. _ 1. Other things equal, one would predict that market wages would be relatively high when a. the supply of labor is high. b. the demand for lab

  • 11 Pages Chapter 20 quiz
    Chapter 20 Quiz

    School: UGA

    Course: Macroeconomics

    Chapter 20 Quiz Multiple Choice Identify the choice that best completes the statement or answers the question. cba bbb acb bcb cda abc dda dab bad dbb ccd dcc c 1. The income distribution in the United States shows that the income share of the top fifth o

  • 6 Pages Past quizzes from Module 25
    Past Quizzes From Module 25

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    4%78 320-2) 59-> *631 13(90)

  • 19 Pages Past quizzes from Modules 28 & 29
    Past Quizzes From Modules 28 & 29

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

  • 12 Pages Past quizzes from Module 27
    Past Quizzes From Module 27

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    BRIEF ANSWERS TO ONLINE QUIZ #9 MODULE 27 1. All of the following are responsibilities of the Fed EXCEPT: A) control the monetary base. B) mint bills and coins. C) oversee and regulate the banking system. D) set the discount rate. 2. The Fed controls: A)

  • 21 Pages Module Highlights
    Module Highlights

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    (Sorry for any typo or grammatical errors. If you find any inconsistency in the explanations, please send me an email) Module 25 1) Role of banks in the money supply determination in the economy First of all, what is money supply? We use in our book the M

  • 7 Pages Past quizzes from Module 31
    Past Quizzes From Module 31

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    BRIEF ANSWERS TO QUIZ #10 MODULES 31 AND 34 1. (Module 31) If the target rate of interest is higher than the current equilibrium interest rate in the money market, the Fed will: A) sell treasury bills in the open market, increase the supply of money, and

  • 6 Pages Extra Practice from Module 27
    Extra Practice From Module 27

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    )<86% 46%'8-') 59)78-327 *631 13(90) BRIEF ANSWERS TO ONLINE QUIZ #9 MODULE 27 1. All of the following are responsibilities of the Fed EXCEPT: A) control the monetary base. B) mint bills and coins. C) oversee and regulate the banking system. D) set the di

  • 10 Pages chapter 6 gov't policies
    Chapter 6 Gov't Policies

    School: UGA

    Course: Macroeconomics

  • 3 Pages Chapter 4
    Chapter 4

    School: UGA

    Course: Macroeconomics

    Chapter4 23:14 Supplyanddemanddeterminepricesinamarketeconomyandhowprices,inturn, allocatetheeconomysscarceresource MarketsandCompetition supplyanddemandrefertothebehaviorofpeopleastheyinteractwithone anotherincompetitivemarkets Whatisamarket? market:isa

  • 2 Pages GDP Quiz
    GDP Quiz

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

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  • 10 Pages Chapter 1-2 lecture
    Chapter 1-2 Lecture

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner

  • 24 Pages Unit 2 notes
    Unit 2 Notes

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    3/24/15 9:15 PM EXAM 2 STARTING NOTES GDP : gross domestic product the market value of all final goods and services produced in a country during given period it measures a nation production and income at the same time. you buying stuff is someone else's i

  • 11 Pages Exam 2 Study Guide
    Exam 2 Study Guide

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HAVE ANY OF YOU FOUND THE REVIEW QUESTIONS FOR CHAPTER 10? "corrupt bargain" in 1824 Feelfreetoaddandeditwhateveryoulike! Canpeopleaddstuffhespeaksofinclasssowecanbeintheknowonhisinclass questionsontheexam? Mostofwhathesaysisinthebookaswelltobehonest. One

  • 19 Pages Exam 1 Study Guide
    Exam 1 Study Guide

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    TEST ONE REVIEW QUESTIONS! REVIEW QUESTIONS PRINCIPLES OF MACROECONOMICS This is the base level of understanding you should have of this material. If you can answer these questions, you are in good shape. That does not mean you should limit your studies t

  • 3 Pages Chapter 1 & 2 Review Questions
    Chapter 1 & 2 Review Questions

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    REVIEW QUESTIONS PRINCIPLES OF MACROECONOMICS This is the base level of understanding you should have of this material. If you can answer these questions, you are in good shape. That does not mean you should li

  • 3 Pages Chapter 3 Review Questions
    Chapter 3 Review Questions

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    REVIEW QUESTIONS PRINCIPLES OF MACROECONOMICS This is the base level of understanding you should have of this material. If you can answer these questions, you are in good shape. That does not mean you should li

  • 2 Pages Chapter 4 and 5 Review Questions
    Chapter 4 And 5 Review Questions

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    REVIEW QUESTIONS PRINCIPLES OF MACROECONOMICS CHAPTERS 4 and 5 Chapter 4 Where do price controls generally originate? Government intervention What is the reasoning behind the existence of price controls? What

  • 2 Pages August 28     2100
    August 28 2100

    School: UGA

    Course: Macroeconomics

    August28 2100 Costcomesfirstbenefitscomelater Chapter2 Countrydoesfacescarcity(resources) Whataretheresources? *MONEYISNOTARESOURCE 1.land(oil,freshland,zinc,soil) Needresourcestoproducegoodsandservices 2.labor(producinggoodsandservices) Partoflaborforcei

  • 11 Pages ch 5 elasticiy
    Ch 5 Elasticiy

    School: UGA

    Course: Macroeconomics

  • 11 Pages ch13
    Ch13

    School: UGA

    Course: Macroeconomics

    TheCostofProductionCH.13 17:59 Economymadeupthousandsoffirmsthatproducegoodsandservicesyouenjoy everyday Largefirms(GeneralMotors)employthousandsofworkers&havethousandsof stockholderswhosharefirmsprofits Smallfirms(barbershop,candystore),aresmallw/fewempl

  • 2 Pages Module 20 Highlights
    Module 20 Highlights

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF MODULE #20 (Sorry for the typos or any other grammatical errors. If you find any inconsistency in the explanations, please send me an email as soon as possible) MODULE 20: ECONOMIC POLICY AND THE ADAS MODEL Good to know that The government

  • 19 Pages Practice Questions Models 19 & 20
    Practice Questions Models 19 & 20

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    BRIEF ANSWERS TO ONLINE QUIZ 7 MODULES 19 AND 20 1. (Points: 0.3) Inflationary and recessionary gaps are closed by self-correcting adjustments that shift: 1. the AD curve. 2. the SRAS curve. 3. the LRAS curve. 4. both the SRAS curve and the LRAS curve. 2.

  • 4 Pages Higlights of Modules 5 & 6 & 7
    Higlights Of Modules 5 & 6 & 7

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF THE MODULES (You are not responsible from these modules on the tests) Module 5 First, some important concepts in this module: The quantity demanded is the actual amount consumers are willing to buy at some specific price. A demand curve is a

  • 5 Pages Highlights of Modules 14 & 15
    Highlights Of Modules 14 & 15

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF THE MODULES 14& 15 Caution: Below is the brief summary of the modules. It does not claim to cover all important materials in each module, instead, consider these notes as a quick summary of each model. Please email me if you see any error in

  • 1 Page Higlights of Module 10
    Higlights Of Module 10

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF THE MODULES Module 10: Some important definitions are: Gross domestic product, or GDP, is the total value of all final goods and services produced in the economy during a given year. Aggregate spending, the sum of consumer spending, investme

  • 1 Page Highlights of Module 12
    Highlights Of Module 12

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF THE MODULE 12 The Expectations: Explain how unemployment is measured. Explain how to calculate the unemployment rate. Discuss the significance of the unemployment rate for the economy. Explain the relationship between the unemployment rate a

  • 2 Pages Higlights of Module 11
    Higlights Of Module 11

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF THE MODULES Module 11 The Expectations: Explain the difference between real and nominal GDP. Explain why economic activity is best measured by real GDP. Measure real GDP for various years. Important formulas: Try these! If nominal GDP inc

  • 9 Pages CH. 3 Practice Problems
    CH. 3 Practice Problems

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    Practice Problem Set for Chapter 3 "Supply and Demand" Krugman Name: _ Date: _ 1. An increase in demand for good X could be caused by a decrease in the price of X. A) True B) False 2. Which of the following will NOT cause an increase in supply of good X?

  • 6 Pages 15 - Notes
    15 - Notes

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    1/20/2014 The Measurement and Calculation of Inflation Module 15 Outline Why we measure inflation? The measurement methodology The critiques of the current methodology Inflation adjustment. Why we measure inflation? 1 1/20/2014 Consumer Price Index (C

  • 9 Pages 12 & 13 - Notes
    12 & 13 - Notes

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    1/20/2014 The Meaning and Calculation of Unemployment The Causes and Categories of Unemployment MODULES 12&13 How unemployment is measured How the unemployment rate is calculated The significance of the unemployment rate for the economy The relationship b

  • 7 Pages 14 - Notes
    14 - Notes

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    1/20/2014 MODULE 14 Inflation: An Overview What if the US economy ends up with 10 % inflation at the end of this this year, how do you think your life will be affected from this high inflation? Inflation does NOT mean that all prices are rising. As of Ja

  • 8 Pages 10 - Notes
    10 - Notes

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    1/12/2014 MODULE 10 The Circular Flow and Gross Domestic Product Krugman/Wells OUTLINE Most Recent US GDP numbers Year GDP ( billions of dollars) 2006 13857.9 2007 14480.3 2008 14720.3 2009 14417.9 2010 14958.3 2011 15533.8 2012 16244.6 2013 16912* 1 1/12

  • 6 Pages 11 - Notes
    11 - Notes

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    1/12/2014 Interpreting Real Gross Domestic Product MODULE 11 In which year the economy is doing better? GDP in 2011 at current prices: $15, 500 billion GDP in 2012 at current prices: $17, 700 billion Copyright 2013 Worth Publishers When the GDP rises:

  • 15 Pages Old Quiz Q's
    Old Quiz Q's

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    Quiz Note: It is recommended that you save your response as you complete each question. Question 1 (1 point) Table: Pizza Economy I Reference: Ref 10-06 (Table: Pizza Economy I) Based on the accompanying table, GDP in this economy is: a) $57,000. b) $73,0

  • 11 Pages Practice questions Module 11
    Practice Questions Module 11

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    ANSWER KEY TO QUIZ #3 FROM MODULE 11 1. The value of all the following goods is included in the calculation of aggregate output EXCEPT: A) the value of brand new Firestone tires sold to John. B) the value of a new shower installed in a recently purchased

  • 28 Pages Test 2 Practice Quiz
    Test 2 Practice Quiz

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    Quiz Submissions - Self quiz Q2 NOT GRADED - XLS - EC. https:/uga.view.usg.edu/d2l/lms/quizzing/user/quiz_submission. Matthew Clark (username: mcla94) Attempt 1 Written: Feb 26, 2014 7:17 PM - Feb 26, 2014 11:25 PM Submission View Question 1 0 / 1 point (

  • 11 Pages Practice Questions Models 17 & 18
    Practice Questions Models 17 & 18

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    ANSWERS TO THE ONLINE QUIZ QUESTIONS Quiz 6: Modules 17 and 18. 1. (Module 17) The aggregate demand curve: A) has a negative slope when the aggregate price level is measured in the vertical axis. B) slopes upward. C) is horizontal at potential output. D)

  • 2 Pages Module 23 Highlights
    Module 23 Highlights

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF MODULE #23 (Sorry for the typos or any other grammatical errors. If you find any inconsistency in the explanations, please send me an email as soon as possible) MODULE 23: THE DEFINITION AND MEASUREMENT OF MONEY Good to know that For anyth

  • 3 Pages Module 19 Highlights
    Module 19 Highlights

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF MODULE #19 (Sorry for the typos or any other grammatical errors. If you find any inconsistency in the explanations, please send me an email as soon as possible) MODULE 19: EQUILIBRIUM IN THE AD-AS MODEL Good to know that The short-run equi

  • 3 Pages Module 18 Highlights
    Module 18 Highlights

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF MODULE #18 Caution: Below is the brief summary of the module. It does not claim to cover all important materials in each module, instead, consider these notes as a quick summary of each model. Please email me if you see any error in the note

  • 2 Pages Module 17 Highlights
    Module 17 Highlights

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    HIGHLIGHTS OF MODULE #17 Caution: Below is the brief summary of the module. It does not claim to cover all important materials in each module, instead, consider these notes as a quick summary of each model. Please email me if you see any error in the note

  • 14 Pages Practice questions Modules 14&15
    Practice Questions Modules 14&15

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    ANSWERS TO THE ONLINE QUIZ QUESTIONS Quiz 4: Modules 12, 14, and 15. 1. (Module 14) Assume that the base year is 2007. The consumer price index in 2006 was 105. In 2007 it was 100. What was the rate of inflation from 2006 to 2007? A) 5 % B) -5 % C) -4.76

  • 9 Pages Test #1 Practice
    Test #1 Practice

    School: UGA

    Course: PRINCIPLES OF MACROECONOMICS

    Answer Key, Exam 1 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. C C A D C D B B D D A A C D D C B B B A C A B B D A 1. Trade can be beneficial to an economy because: A) it prevents unemployment. B) it resu

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