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Class Notes for James Pesando

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UTSGECO102H1James PesandoWinter

ECO102H1 Lecture Notes - Excess Supply, Opportunity Cost, Output Gap

OC45877 Page
2 Jul 2011
32
Topic 19 j money, banking and monetary policy. Outline: what is money, how banks create money. - multiple deposit creation: demand for money, bond pric
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UTSGECO102H1James PesandoWinter

ECO102H1 Lecture Notes - Perfect Competition, Economic Equilibrium, Shortage

OC45879 Page
2 Jul 2011
18
Ae schedule: price level is fixed; but in real world, price level does vary.  ad and the price level: the ad curve. *when we see ad instead of ae, the
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UTSGECO102H1James PesandoFall

ECO100Y1 Lecture 44: Econ Lecture 44 (Mar 28)

OC1327924 Page
9 Jul 2015
26
If the demand for photocopiers is price inelastic, we predict that the photocopiers sales will: fall and total revenue will rise, fall and total revenu
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UTSGECO102H1James PesandoFall

ECO102H1 Lecture Notes - Lecture 14: Autonomous Consumption, Aggregate Demand, Economic Equilibrium

OC29295914 Page
29 Feb 2016
22
National income and the price level (part one: aggregate demand (ad) 1. 2 shifts in ad curve: aggregate supply (as) Implications: changes in real gdp r
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UTSGECO102H1James PesandoWinter

ECO102H1 Lecture Notes - Lecture 3: Real Interest Rate, Inventory Investment, Indirect Tax

OC8708952 Page
31 Mar 2016
12
Gdp: market value = price x quantity (only final goods counted) Three approaches (gdp: production approach(value added) inputs or intermediate goods) V
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UTSGECO102H1James PesandoWinter

ECO102H1 Lecture Notes - Gdp Deflator

OC45874 Page
2 Jul 2011
26
2. 2 factor incomes approach: real versus nominal gdp, real gdp and economic well-being, consumer price index. - imf: projections of real gdp (percenta
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UTSGECO102H1James PesandoFall

ECO102H1 Lecture Notes - Lecture 18: Average Cost, Average Variable Cost, Perfect Competition

OC29295911 Page
29 Feb 2016
36
2015 winter notes: the market for photocopiers is perfectly competitive. A technological breakthrough lowers the cost of photocopiers. If the demand fo
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UTSGECO102H1James PesandoWinter

ECO102H1 Lecture Notes - Lecture 4: Parsec, Consumption Function, Price Level

OC4072868 Page
17 Feb 2015
28
Gdp measures: national output and, national income. [remember: we can measure gdp by either adding expenditures on output or adding the incomes earned
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UTSGECO102H1James PesandoWinter

Unemployment.

OC45872 Page
2 Jul 2011
34
March 16th: labour force activity, types of unemployment, the natural rate of unemployment (nairu) Labor force = # of people employed + # of people une
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UTSGECO102H1James PesandoWinter

ECO102H1 Lecture Notes - Excess Reserves, Reserve Requirement, Output Gap

OC460337 Page
10 Feb 2014
59
Topic 19 money, banking and monetary policy. Outline: what is money, how banks create money. - multiple deposit creation: demand for money, bond prices
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UTSGECO102H1James PesandoFall

ECO102H1 Lecture Notes - Reserve Requirement, Excess Reserves, Money Creation

OC2415454 Page
14 Apr 2014
16
Bank of canada lowers the key interest rate from 1% to 0. 5% because: the outlook for the global economy has continued to deteriorate the nature of the
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UTSGECO102H1James PesandoFall

ECO102H1 Lecture Notes - Lecture 15: Bank Reserves, Reserve Requirement, Excess Reserves

OC29295912 Page
29 Feb 2016
25
2. 2 multiple deposit creation: demand for money, bond prices fall as interest rate rises. 6. 2 multiplier effect of open market operations: monetary p
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