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Download Roadmap - Juergen Jung
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Econ 202 - Roadmap Focus: Midterm 1 Focus: Midterm 2 Long-Run Economy Intro Chapter 1-4: • Basic Econ Concepts • Demand and supply • Equilibrium Measuring Chapter 5: • GDP, GNP, Inflation • Measurements • Accounting Trade Chapter 18: • Exports, Imports, Trade Balance • Benefits of Trade and Trade Policies Unemployment Chapter 6: • Unemployment definitions • Inflation Chapter 7: • Price flexibility • Full employment Growth Chapter 8: • Growth rates • Capital deepening • Solow growth model Aggregate Demand/Supply Chapter 9: • Sticky prices (short-run) • Shifts in AD • Shifts in AS Fiscal Policy Chapter 10: • • Fiscal multiplier Federal budget Income Expenditure Model Chapter 11: • Consumption function • Gov’t spending and multiplier dynamics • Exports and Imports Juergen Jung – Towson University Focus: Final Investments/Financial Markets Chapter 12: • Expectations • Financial intermediaries Money and Banking Chapters 13-14: • Money • Federal Reserve • Money market: Interest rates Short to Long-Run Chapters 15: • Wage and price changes • Keynesian vs. Classical debate Inflation and Policy Debates Chapters 16-17: • Money growth • Phillips curve Optional Chapters 19: • International Finance
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