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Introduction to Macroeconomics
University of Ottawa
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Browse the full collection of course materials, past exams, study guides and class notes for ECO 1102 - Introduction to Macroeconomics at University of Ottawa verified by our …

PROFESSORS

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Gordon Lenjosek

D. Gray

TBA

Claud Theoret

Marc Prudhomme

Verified Documents for D. Gray

Class Notes

Taken by our most diligent verified note takers in class covering the entire semester.

ECO 1102 Lecture Notes - Lecture 4: Aggregate Demand, Government Spending

Eco1102 lecture 4 - chapter 7 - measuring the wealth of nations. The circular flow of income is a neoclassical economic model that demonstrates how mon

ECO 1102 Lecture 5: Chapter 7 (cont'd)

Eco1102 lecture 5 - chapter 7 part 2 - measuring the wealth of nations. There is a probability for one economic representative to chip in to consumptio

ECO 1102 Lecture Notes - Lecture 6: Environmental Degradation, Externality, Gdp Deflator

Eco 1102 - lecture 6 - chapter 7 part 3 - chapter 8. In some ways, it miscalculates it, as a result, actual economic welfare is higher than the officia

ECO 1102 Lecture Notes - Lecture 7: Composite Good, Big Mac Index

Eco 1102 - lecture 7 - chapter 8 part 2. Each of these weights are attached to its corresponding price level in order to calculate the overall deflator

ECO 1102 Lecture 8: Chapter 9

Economic growth - the increase in what a country produces over time. It"s driven by the four factors of production. Living standards are measured by re

ECO 1102 Lecture Notes - Lecture 9: Free Trade, Human Capital, Academic Degree

Public policy the principled guide for any action made by the managerial official parts of the state concerning a class of issues, in a way steady with

ECO 1102 Lecture Notes - Lecture 10: Business Cycle

There are two major patterns that encompass the unemployment rates. Men have higher unemployment rates compared to women. Currently among those 25 year

ECO 1102 Lecture Notes - Lecture 15: Aggregate Demand, Business Cycle

Eco 1102 lecture 11 - chapter 10 - 11. Natural rate of unemployment/nairu(non-accelerating inflation rate of unemployment) The only sustainable unemplo

ECO 1102 Lecture Notes - Lecture 16: Potential Output, Longrun, Demand Curve

It is designed to explain short-run ups and odwns in equilibirum real gdp. We want to explain the fluctuations of real gdp about the trend in potential

ECO 1102 Lecture Notes - Lecture 17: Economic Equilibrium, Demand Shock, Stagflation

In short-run equilibrium, ad= sras, which means that the planned expenditures of consumers, investors, etc. are consistent with the plans of production

ECO 1102 Lecture Notes - Lecture 18: Aggregate Demand, Money Supply, Reserve Requirement

In similarity, both of them operate through shifts in the ad curve. A fiscal policy is carried out by finance departments, whereas monetary policy is c

ECO 1102 Lecture Notes - Lecture 19: Fiscal Multiplier, Aggregate Demand, Potential Output

The initial impetus of g triggers a ripple effect of consecutive rounds of changes in induced spending. Each induced increase to spending gets smaller

ECO 1102 Lecture Notes - Lecture 20: Loanable Funds, Product Market, Market Liquidity

Finance - the management of large amounts of money, especially by governments or large companies. Product market and input markets have been market. Wh

ECO 1102 Lecture Notes - Lecture 22: Systemic Risk, Efficient-Market Hypothesis

Eco 1102 lecture 20 - chapter 13 https://www. suomenpankki. fi/en/financial-stability/the-financial-system-in-brief/ Financial intermediary - a go-betw

ECO 1102 Lecture Notes - Lecture 23: Barter, Hyperinflation, Excess Reserves

Disposable income - (y - t) - whatever remains after the consumption is private saving. Public saving - (t - g) - the government"s balance. Punch-line

ECO 1102 Lecture Notes - Lecture 24: Royal Canadian Mint, Reserve Requirement, Excess Reserves

Money creation - there are at least 2 ways to create money by setting printing presses in royal. Canadian mint in overdrive by stamping out coins and p

ECO 1102 Lecture Notes - Lecture 25: Open Market Operation, Foreign Exchange Market, Output Gap

ECO 1102 Lecture Notes - Lecture 26: Monetary Policy, Overnight Rate, Economic Equilibrium

If central bank declares that contractionary monetary policy inflation is a threat, it will implement a restrictive. Opposite of loose money is called