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Sam Hillman
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Decks in this class (26)
Lecture 1 - Introduction
What is an economic model 1,
What is a parameter 2,
What is an exogenous variable 3
9
cards
Lecture 2 - Measuring Macro Data
What are the 3 approaches to view...,
What is meant by national account...,
Give the production definition of...
37
cards
Lecture 3 - The Long Run Model of Production and Supply
Define the marginal product of la...,
What are the equations for mpl an...,
For the neoclassical production f...
19
cards
Lecture 4 - Demand in the Long Run
What are the 2 main assumptions i...,
In this model how do we view the ...,
Define disposable income 3
19
cards
Lecture 5 - Economic Growth Facts
What are the 3 dimensions of the ...,
What are the three indicators of ...,
What are the three dimension inde...
3
cards
Lecture 6 - Solow Growth Model
The solow growth model builds on ...,
In the solow growth model is capi...,
List 4 differences between the so...
24
cards
Lecture 7 - Population Growth in the Solow Model
An increase in the depreciation r...,
What does an increase in the depr...,
What does an increase in the savi...
9
cards
Lectures 9 & 10 - Labour Markets and Unemployment
Define the adult civilian populat...,
Define labour force 2,
What is the equation for the unem...
37
cards
Lecture 11 - Monetary System
Define the inflation rate 1,
Define price 2,
What are the 4 functions of money 3
34
cards
Lecture 12 - Money Supply
In this model what are the exogen...,
Show that m b cr 1 cr rr 2,
What does m represent what does m...
18
cards
Lecture 13 - Money Demand
What is the quantity theory of mo...,
Classical assumes what about pric...,
Define the velocity of money 3
25
cards
Lecture 14 - Money Market and Inflation in the Long Run
What is the equilibrium in the mo...,
In an ideal run over the long run...,
Why in the short medium run does ...
21
cards
Lecture 8 - Extensions of the Solow Growth Model
If s 0 what would the level of co...,
If s 1 what would the level of co...,
Why is it ambiguous what an incre...
8
cards
Lent - Lecture 1 - Short-run Analysis: The Keynesian Cross
Short run fluctuations are often ...,
Explain briefly in three steps th...,
Explain briefly in three steps th...
19
cards
Lent - Lecture 2 - The IS Curve
What does expenditure equilibrium...,
What is the relationship between ...,
The is curve plots a locus of poi...
13
cards
Lent - Lecture 3 - Adding Monetary Policy
What are the two monetary policy ...,
What is the difference between th...,
At a given point in time the cent...
15
cards
Lent - Lecture 4 - Monetary Policy Rules
Explain the terms in the taylor r...,
What is the value of my and m 2,
When r feeds back on y what happe...
10
cards
Lent - Lecture 5 - The Money Market
What equation is demand for real ...,
From m p l i y and assuming l is ...,
For the money market to make sens...
14
cards
Lent - Lecture 6 - Policy Analysis in IS-MP
Explain the differences regarding...,
Rewrite the policy rule that the ...,
From the fisher equation what doe...
8
cards
Lent - Lecture 7 - The AD Curve
How do we derive the ad curve 1,
What will ad be shifted by 2,
What 2 things affect the slope of...
5
cards
Lent - Lecture 8 - Short-run Aggregate Supply
The as curve slope upwards in y s...,
What are the 3 stories justificat...,
Describe the story for sticky pri...
6
cards
Lent - Lecture 9 - Inflation Expectations
What is in the equation e v y y w...,
Explain why it is difficult to re...,
What is meant by adaptive expecta...
10
cards
Lent - Lecture 10 - Applying AD-AS
0
cards
Lent - Lecture 11 - Classical Open Economy
Define nx net exports 1,
Are imports a part of c i and g 2,
What are the three main component...
14
cards
Lent - Lecture 12 - Exchange Rates in the Classical Model
What is the definition equation f...,
What are two ways in which a real...,
Derive the marshall lerner condit...
12
cards
Lent - Lecture 13 - Open Economies in the Short Run
When we work with open economies ...,
Explain why changes to the real e...,
What does the assumption of perfe...
7
cards
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Macroeconomics (Economics Cambridge Part I)
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