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Department
Economics
Course
Economics 2152A/B
Professor
Ayoub Yousefi
Semester
Fall

Description
Final Exam is cumulative worth 55% Questions answers will be available at the Cardinal Carter Library one week before each exam What macroeconomics is about? - Macroeconomics is the study of the structure and performance (functioning) of national economics and policies that governments use to try to affect economic performance. The issues of macroeconomics includes:  What determines a nation’s long-run economic growth? o Sources of growth: o The quantities of inputs of capital (k) and Labour (N) employment in Production o The technology of production or the efficiency of labour and capital (or total factor productivity)  What causes a nation’s economic activity to fluctuate (business cycle)short term o Supply Shocks o
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