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All Educational Materials for ECON 295 at McGill University

MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295- Final Exam Guide - Comprehensive Notes for the exam ( 96 pages long!)

96 Page
4 Dec 2017
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

[ECON 295] - Midterm Exam Guide - Comprehensive Notes for the exam (17 pages long!)

17 Page
6 Feb 2017
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Study Guide - Final Guide: Factors Of Production, Pearson Education, Aggregate Supply

22 Page
17 Apr 2017
Copyright 2014 pearson canada, inc: a former governor of the bank of canada argued that interest rates must be increased in order to reduce inflation,
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Study Guide - Quiz Guide: Bank Reserves, Reserve Requirement, Excess Reserves

28 Page
17 Apr 2017
Chapter 25: the difference between short-run and long-run macroeconomics. An increase in inflation pushes up nominal interest rates. High nominal inter
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Study Guide - Final Guide: Frictional Unemployment, Nairu, Nominal Rigidity

6 Page
17 Apr 2017
In the long run, increases in the labor force are more or less matched by increases in employment. In the short run, unemployment rate fluctuates a lot
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Study Guide - Quiz Guide: Gdp Deflator, Real Interest Rate, Disposable And Discretionary Income

22 Page
17 Apr 2017
Most comprehensive measure of nation"s overall level of economic activity. National product = national income = national output. Nominal national incom
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MCGILLECON 295xxxWinter

ECON 295 Final: final review

44 Page
19 Aug 2015
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MCGILLFall

ECON 352D1 Lecture Notes - Lecture 4: Macroeconomic Model, Risk Aversion, Profit Maximization

46 Page
14 Oct 2019
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MCGILLFall

ECON 352D1 Lecture Notes - Lecture 6: Intertemporal Consumption, Real Interest Rate, Intertemporal Choice

31 Page
14 Oct 2019
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MCGILLFall

ECON 352D1 Lecture 3: 3 Growth

58 Page
14 Oct 2019
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MCGILLFall

ECON 352D1 Lecture Notes - Lecture 1: Partial Derivative, Twill, Farad

15 Page
14 Oct 2019
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MCGILLFall

ECON 352D1 Lecture Notes - Lecture 10: Gdp Deflator, Real Interest Rate, Factors Of Production

22 Page
14 Oct 2019
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MCGILLFall

ECON 352D1 Lecture Notes - Lecture 6: Fatalism, Liquidity Trap, Alan Greenspan

4 Page
14 Oct 2019
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MCGILLFall

ECON 352D1 Lecture Notes - Lecture 1: Final Good, Money Supply, Opportunity Cost

37 Page
14 Oct 2019
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MCGILLFall

ECON 352D1 Lecture Notes - Lecture 5: Intertemporal Choice, Real Interest Rate, Consumption Smoothing

48 Page
14 Oct 2019
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MCGILLFall

ECON 352D1 Lecture 2: 2 Introduction

11 Page
14 Oct 2019
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MCGILLFall

ECON 209 Study Guide - Final Guide: Nairu, Marginal Product, Real Interest Rate

31 Page
26 Oct 2018
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Lecture Notes - Lecture 4: Real Interest Rate, Disposable And Discretionary Income, Consumption Function

8 Page
17 Apr 2017
The national accounts divide actual gdp into its components. Total desired expenditure is divided into the same categories: desired consumption, c, des
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MCGILLECON 295Christopher RaganWinter

ECON 295 Lecture Notes - Canadian Dollar, Money Supply, Factor Cost

36 Page
27 Apr 2012
To measure total output in dollars, we add up the values of the many different goods produced. You produce hockey sticks, hot dogs, and halter tops. Yo
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Lecture Notes - Lecture 12: Canadian Dollar, Overnight Rate, Core Inflation

7 Page
23 Mar 2017
For any given money demand curve, any central bank must choose between: targeting the money supply, targeting the interest. Two approaches to the imple
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Lecture Notes - Lecture 13: Output Gap, Demand Shock, Shortage

7 Page
31 Mar 2017
Macro lecture 13 chapter inflation and disinflation. The bank of canada strives to keep inflation low and stable. The result is an environment where fi
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Lecture 11: Macro Lecture 11

10 Page
23 Mar 2017
For simplicity, we assume that people have two types of financial assets: money (earns no interest, bonds (earn interest) To be able to understand how
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Lecture 9: Macro Lecture 9

10 Page
23 Mar 2017
Macro lecture 9 chapter 26: long-run economic growth. Sustained increases in y* are a more powerful method of raising material living standards than th
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Lecture Notes - Lecture 10: Excess Reserves, Chapter 27, Precious Metal

6 Page
23 Mar 2017
If there were no money, goods would have to be exchanged in a system of barter. Barter is very inefficient due to the double coincidence of wants. To s
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Lecture Notes - Lecture 4: Output Gap, Potential Output, Consumption Function

4 Page
23 Jan 2017
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MCGILLECON 295Paul DickinsonWinter

ECON 295 Lecture Notes - Lecture 2: Black Market, Gdp Deflator, Delator

9 Page
8 Apr 2016
Production occurs in stages most firms produce outputs that are other firms" inputs. Production of goods that goes into other products we use. Gdp is t
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Lecture Notes - Lecture 2: Disposable And Discretionary Income, Black Market, Gdp Deflator

2 Page
23 Jan 2017
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Chapter Notes - Chapter 27: Fiat Money, Bank Reserves, Commercial Bank

7 Page
17 Apr 2017
Macroeconomics policy chapter 27 (chapter 26 in the book) It"s a medium of exchange (anything that is generally accepted in return for goods and servic
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Chapter Notes - Chapter 25: Aggregate Demand, Macroeconomics, Multiple Choice

1 Page
17 Apr 2017
Macroeconomics policy chapter 25: the difference between short-run and long-run macroeconomics. Aggregate demand or supply shocks can lead to short-ter
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MCGILLECON 295Paul DickinsonWinter

ECON 295 Chapter Notes - Chapter 19: Business Cycle

6 Page
5 Dec 2017
To get $ value of total output, values of many different goods produced (total output = This gives nominal national income (total national income in cu
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MCGILLECON 295Christopher RaganWinter

Econ 295 - Readings 26-29

34 Page
27 Apr 2012
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MCGILLECON 295Kenneth RaganWinter

ECON 295 Chapter 20: Chapter 20 notes.docx

6 Page
9 Jan 2015
Production occurs in stages: some firms produce outputs that are used as inputs by other firms, and these other firms, in turn, produce outputs that ar
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MCGILLECON 295Christopher RaganWinter

ECON 295 Chapter Notes -Demand Curve

17 Page
27 Apr 2012
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MCGILLECON 295Christopher RaganWinter

Econ 295 - Readings 19-22

15 Page
27 Apr 2012
Macroeconomics: study of the determination of economic aggregates, such as total output, total employment, the price level, and the rate of economic gr
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Chapter Notes - Chapter 24: Nominal Rigidity, Output Gap, Potential Output

3 Page
17 Apr 2017
Macroeconomics policy chapter 24: from the short-run to the long-run: the adjustment of factor prices. Adjustment process span: the span between the sh
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MCGILLECON 295Paul DickinsonWinter

ECON 295 Chapter Notes - Chapter 26: Loanable Funds, Tidal Power, Diminishing Returns

9 Page
5 Dec 2017
Sustained s in y* are a more powerful method of ing material living standards than the removal of recessionary gaps (recall: no paradox of thrift in lr
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MCGILLECON 295Paul DickinsonWinter

ECON 295 Chapter Notes - Chapter 21: Pessimism, Retained Earnings, Ceteris Paribus

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5 Dec 2017
National income accounts measure actual expenditures in each of the 4 expenditures categories. Our model of the macro-economy also deals w/ desired exp
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

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ECON 295- Final Exam Guide - Comprehensive Notes for the exam ( 96 pages long!)

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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Study Guide - Quiz Guide: Gdp Deflator, Real Interest Rate, Disposable And Discretionary Income

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Most comprehensive measure of nation"s overall level of economic activity. National product = national income = national output. Nominal national incom
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Study Guide - Quiz Guide: Bank Reserves, Reserve Requirement, Excess Reserves

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Chapter 25: the difference between short-run and long-run macroeconomics. An increase in inflation pushes up nominal interest rates. High nominal inter
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MCGILLECON 295Christopher RaganWinter

ECON 295 Study Guide - Final Guide: Shortage, Demand Curve, Business Cycle

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MCGILLECON 295xxxWinter

ECON 295 Final: final review

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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Chapter Notes - Chapter 27: Fiat Money, Bank Reserves, Commercial Bank

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Macroeconomics policy chapter 27 (chapter 26 in the book) It"s a medium of exchange (anything that is generally accepted in return for goods and servic
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MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Chapter Notes - Chapter 25: Aggregate Demand, Macroeconomics, Multiple Choice

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17 Apr 2017
Macroeconomics policy chapter 25: the difference between short-run and long-run macroeconomics. Aggregate demand or supply shocks can lead to short-ter
View Document
MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Study Guide - Final Guide: Frictional Unemployment, Nairu, Nominal Rigidity

6 Page
17 Apr 2017
In the long run, increases in the labor force are more or less matched by increases in employment. In the short run, unemployment rate fluctuates a lot
View Document
MCGILLECON 295Mayssun El- Attar VilaltaWinter

ECON 295 Study Guide - Final Guide: Factors Of Production, Pearson Education, Aggregate Supply

22 Page
17 Apr 2017
Copyright 2014 pearson canada, inc: a former governor of the bank of canada argued that interest rates must be increased in order to reduce inflation,
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ECON 295 Chapter Notes - Chapter 28: Monetarism, Classical Economics, Money Supply

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Chapter 28: money, interest rates, and economic activity. Dichotomy between monetary & real sectors of the economy: In real sector, resources allocated
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MCGILLECON 295Paul DickinsonWinter

ECON 295 Chapter Notes - Chapter 30: Money Supply, Stagflation, Disinflation

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Why wages : output gaps, y > y* excess demand for labor, y < y* excess supply for labor, expected inflation, some workers/firms (raise) wages in advanc
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ECON 295 Chapter 32: Chapter 32

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ECON 295 Chapter Notes - Chapter 27: Interbank, Precious Metal, Chapter 27

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What are its functions: function 1: money is a medium of exchange. Must be generally acceptable to perform this function. Barter is very inefficient du
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MCGILLECON 295Paul DickinsonWinter

ECON 295 Chapter Notes - Chapter 35: Canadian Dollar, Gdp Deflator, Purchasing Power Parity

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Chapter 35: exchange rates and the balance of payments. The current account: records payments & receipts arising from international trade in goods & se
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MCGILLECON 295Paul DickinsonWinter

ECON 295 Chapter Notes - Chapter 31: Unemployment Benefits, New Keynesian Economics, Nairu

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31. 1 employment and unemployment ( s) changes in employment: the long-run: S in employment roughly match s in the labor force: the short-run: The labo
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MCGILLECON 295Paul DickinsonWinter

ECON 295 Chapter Notes - Chapter 29: Disinflation, Monetarism, Money Supply

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29. 1 how the bank of canada implements monetary policy. Money supply vs. the interest rate: for any given money demand curve, any central bank must ch
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ECON 295 Chapter Notes - Chapter 21: Pessimism, Retained Earnings, Ceteris Paribus

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ECON 295 Chapter Notes - Chapter 23: Tiger Economy, Aggregate Demand, Opportunity Cost

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