Macroeconomics ECON 2301 Fall 2009 Marilyn Spencer, Ph.D. Professor of Economics.

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Macroeconomics ECON 2301 Fall 2009 Marilyn Spencer, Ph.D. Professor of Economics

Who should take the final exam? 4 What grade do you have now? 4 What grade do you want to attempt to earn? 4 How many points do you have? 4 How many additional points could you possibly earn?

4 ECON (1 p.m. class) Exam: ÜWednesday, December 16, 11:00 a.m. – 60 minutes ÜYou MUST to let me know you want to take the final exam, BY NOON, MONDAY, December 14, sending that to 4 ECON (2:30 p.m. class) Exam:  Monday, December 14, 2:00 p.m.– 60 min.  You MUST to let me know you want to take the final exam, BY 9 a.m., FRIDAY, December 11, sending that to Final Exam Schedule

Final Exam Week Office Hours: p.m., Thursday, December a.m noon & p.m., December p.m., Tuesday, December 15 4 And by appointment

Final Exam Details points possible, same as the others 2.All of the 25 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!

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.Business cycle d.Labor force e.Unemployment/unemployment rate f.Imports and exports g.Fiscal policy h.Budget deficit/surplus/balance i.Public Debt/ j.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.Monetary policy f.Economic growth in developing nations g.IMF h.World Bank

QUESTIONS?