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ECON (417)
Aamir Hashmi (32)

Class Notes for Aamir Hashmi

Principles of Macroeconomics

Exam Study Guides for ECON 203

Covers all exam topics.

ECON 203 Lecture Notes - Lecture 15: Gdp Deflator, Deflation, Money Supply

Theory of Inflation Classical Theory of Inflation The Quantity Theory of Money: Long term When government prints too much money, prices Rise The claim Trade-off between Money and Value of Money. I.e. twice...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 13: Commercial Bank, Market Liquidity, Interbank

MONEY CREATION AND MONETARY POLICY A. Meaning of Money Pre-Money: Depends on Double Coincidence of Wants o Waste of time and resource Three Functions o Medium of Exchange o Unit of Account: Counting o Store of Value: trans...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 4: Xm Satellite Radio, Capital Good, Gdp Deflator

GROSS DOMESTIC PRODUCT A. Income and Expenditure Total income spending o --- in terms of MARKET VALUE o On all current FINAL domestic goods and services o in specific period Flow Variable o Measurements over Interval of ti...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture 2: chapter 9 review answer

Chapter 5 Monitoring Jobs and Inflation 1 Employment and Unemployment 1) The working ge population is defined as the number of A) people over the age of 16 who are not in jail, hospital, or other institution. B) people who...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 1: Real Interest Rate, Money Multiplier, Reserve Requirement

Chapter 10 The amount of money the banking system generates with each dollar of reserves is called the money multiplier, which is the reciprocal of the reserve ratio. If the reserve ratio is , the money multiplier is equal...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 3: Tax Deduction, Nominal Interest Rate, Interest Rate

Chapter 6 summary The consumer price index is used to monitor changes in the cost of living over time When the consumer price index rises, the typical family has to spend more dollars to maintain he same standard of living...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 2: Production Function, Use Tax, Virtuous Circle And Vicious Circle

Chapter 7 summary Productivity: the amount of goods and services produced for each hour of a workers time. Economic growth around the world Worlds richest countries have no guarantee they will stay the richest and that the...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 2: Market Power, Efficiency Wage, Frictional Unemployment

Chapter 9: unemployment and its natural rate The problem of unemployment is usually divided into the longrun and short run problem. The economys natural rate of unemployment refers to the amount of unemployment the economy...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 2: Autarky, Mutual Fund, Financial Intermediary

Chapter 8: Saving, investment and the financial system If you borrow the money from a bank, friends or relative; you also need to repay and also the interest for the use of the money. Or exchange for a share of your future...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 1: Interest Rate, Money Multiplier, Money Supply

Y(GDP) = C(consumption)+ I(investment) + G(government) + NX (net exports) Net exports = Export Import = = = 100 = 100 2 1 ( 2 = 1 100 Amount in todays dollars = = = () = ,, , ] = (,,,) = 100 = += (1 + ) 1 = [ 1 ] : = I + C...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 1: Arbitrage, Japanese Yen, Byrsonima Crassifolia

OpenEconomy Macroeconomics: Basic Concepts Open and Closed Economies A closed economy is one that does not interact with other economies in the world. There are no exports, no imports, and no capital flows. An open economy...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 1: Gdp Deflator, Seasonal Adjustment, Pension

Chapter 5 summary: Macroeconomic: It measures the total income of everyone in the economy (GDP) The rate at which average prices are rising or falling (inflationdeflation) The percentage of the labor force that is out of w...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture Notes - Lecture 2: Excess Reserves, Tax Rate, Classical Dichotomy

Econ 203 W15 Practice Midterm Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Which of the following topics are studied in macroeconomics? a. national output, the infl...

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture 13: Ch09

Labour force participation (LFP) by gender: Unemployment rate and labour force participation by age and gender: Unemployment rate in Canada:

Economics
ECON 203
Aamir Hashmi
ECON 203 Lecture 6: Ch04

3 steps to analyzing changes in equilibrium:

Economics
ECON 203
Aamir Hashmi
Permachart - Marketing Reference Guide: Net Asset Value, Mutual Fund, U.S. Securities And Exchange Commission

l e a r n • r e f e r e n c e • r e v i e w permacharts TM Mutual Funds WHAT IS A MUTUAL FUND? PURCHASING & REDEE...

Biology
BIOL2721
All Professors
Macroeconomics - Reference Guides

Take a look at the big picture. This chart covers national income accounting, inflation, consumption, economic growth, money supply, labor markets, monetary policy, international trade, supply side economics, and fiscal po...

Business and Political Economy Program
BPEP-UB 2
All Professors
Permachart - Marketing Reference Guide: Marginal Revenue, Profit Maximization, Marginal Cost

l e a r n • r e f e r e n c e • r e v i e w permacharts TM Microeconomics Microeconomics TYPES OF MARKETS ...

E-Business Marketing
ECN 102
All Professors
Permachart - Marketing Reference Guide: National Environmental Policy Act, Municipal Solid Waste, Criteria Air Contaminants

l e a r n • r e f e r e n c e • r e v i e w permacharts TM EEnvironmental Law ENVIRONMENTAL REGULATION NATIONAL ENVIRONMENTAL POL...

LAW
LAW 356
All Professors

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