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

2. 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?

3. 4 ECON 2301.004 (1 p.m. class) Exam: ÜWednesday, December 16, 11:00 a.m. – 60 minutes ÜYou MUST email to let me know you want to take the final exam, BY NOON, MONDAY, December 14, sending that email to marilyn.spencer@tamucc.edu.marilyn.spencer@tamucc.edu 4 ECON 2301.005 (2:30 p.m. class) Exam:  Monday, December 14, 2:00 p.m.– 60 min.  You MUST email to let me know you want to take the final exam, BY 9 a.m., FRIDAY, December 11, sending that email to marilyn.spencer@tamucc.edu.marilyn.spencer@tamucc.edu Final Exam Schedule

4. Final Exam Week Office Hours: 4 4 - 5 p.m., Thursday, December 10 4 10 a.m. - 12 noon & 4 - 5 p.m., December 14 4 3 - 5 p.m., Tuesday, December 15 4 And by appointment

5. Final Exam Details 1.100 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!

6. 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

7. 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

8. 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

9. QUESTIONS?