« March 2005 | Main

April 28, 2005

Aggregate Supply and Demand

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Posted by bparke at 10:21 PM | Comments (0)

April 26, 2005

Midterm 2 Answers

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Posted by bparke at 10:18 PM | Comments (0)

Shift the IS/LM Curves

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Posted by bparke at 10:15 PM | Comments (0)

April 21, 2005

The IS/LM Model

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There was considerable evidence during the 1930's that the labor market might not be in full employment equilibrium.

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Posted by bparke at 10:11 PM | Comments (0)

The Classical Model

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Posted by bparke at 10:09 PM | Comments (0)

April 14, 2005

MT 2 Prep

These are the answers to the usual questions.

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Posted by bparke at 07:35 PM | Comments (0)

April 12, 2005

Money Supply

The fractional reserve banking system links the money supply M1 to open market operations.

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Posted by bparke at 07:59 PM | Comments (0)

April 07, 2005

The Demand for Money

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Posted by bparke at 10:45 PM | Comments (0)

HW 3

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The point is to derive a budget constaint in a diagram of risk vs. expected return.

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Posted by bparke at 10:43 PM | Comments (0)

April 05, 2005

Monetary Economics

The two goods - two prices model actually has an extra price. In an exchange model with n goods, only n-1 prices are necessary. The extra price allow one good (gold, for example) to be the money.

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This are a little more complicated in a world of fiat money.

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Your textbook is an excellent source of information on this subject.

Posted by bparke at 09:44 PM | Comments (0)