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Macroeconomics
ECON 2301
Spring 2011
Marilyn Spencer, Ph.D.
Professor of Economics
Who should take the final exam?
 What grade do you have now?
 What grade do you want to attempt to earn?
 How many points do you have?
 How many additional points could you
possibly earn?
Final Exam Schedule
 ECON 2301.003 (10 a.m. class) Exam:
 Monday, May 9, 9:00 a.m. – 60 minutes
 You MUST email to let me know you want to take the
final exam, BY NOON, THURSDAY, May 5,
sending that email to [email protected]
 ECON 2301.004 (5:30 p.m. class) Exam:
 Wednesday, May 11, 5:30 p.m.– 60 min.
 You MUST email to let me know you want to take the
final exam, BY noon, MONDAY, May 9, sending
that email to [email protected]
Final Exam Week Office Hours:
 4-5:30 p.m., Wednesday, May 4
 12:30-2 p.m., May 5
 3-5 p.m., Tuesday, May 10
 3-5 p.m., Wednesday, May 11
 And by appointment
Final Exam Details
1. 100 points possible + extra credit, same as the others
2. All of the questions are Comprehensive – over any of
the concepts on which I’ve already tested you
3. Study your old exams – for the concepts. Don’t
expect to see the same questions!
4.
Study your old quizzes as the basis for some of the
test questions.
Final Exam Topics from Exam 1:
a. Scarcity
b. Opportunity costs
c. Production Possibilities Curve
d. Comparative advantage
e.
Variables that affect demand or supply
f.
Market equilibrium, shortage or surplus
Final Exam Topics from Exam 2:
a. Nominal & real GDP
b. Nominal & real interest rates
c.
d.
Business cycle
Labor force
e.
f.
Unemployment/unemployment rate
Imports and exports
g. Fiscal policy
h. Budget deficit/surplus/balance
i.
j.
Public Debt/
Crowding out
Final Exam Topics from Exam 3:
a.
Functions of money
b. Fractional reserve banking
c. Simple deposit multiplier
d. Federal Reserve System
e.
f.
g.
h.
Monetary policy
Economic growth in developing nations
IMF
World Bank
QUESTIONS?