Get 2 days of premium access
at University of Texas at Austin

Textbook Notes for M O S T A S H A R I, S H A L A H

UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter Unit 3: Ch 9-12, 16: Unemployment, Business Cycle

OC11806132 Page
0
U(cid:374)e(cid:373)ploy(cid:373)e(cid:374)t rate as a (cid:862)laggi(cid:374)g i(cid:374)di(cid:272)ator(cid:863) of the (cid:271)usi(cid:374)ess (cid
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Unit 3: Ch 9-12, 16: Limitations of GDP as a Social Welfare Measure

OC11806133 Page
0
Limitations of gdp as a social welfare measure: we will assume that higher levels of gdp and faster growth are better. The most significant concern is
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter Unit 2: Ch 5-8,13: Keynesian Economics, Potential Output, Business Cycle

OC11806133 Page
0
Demand and supply over short and long time horizons: view of conventional macroeconomic theory, the dominant view in modern macroeconomics is that keyn
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter Unit 2: Ch 5-8,13: Net Domestic Product, Home Improvement, Investment Goods

OC11806133 Page
0
Gdp sales and inventories: gdp measures production, not sales. However, we do measure gdp in money values, so sales are involved in the calculation of
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Unit 1: Ch 1-4: Government Deficits

OC11806132 Page
0
Government budget deficit = government spending tax revenues. Government deficit: when the government spends more than it collects. Government surplus:
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter 18: United States Dollar, Foreign Direct Investment, Substitute Good

OC11482832 Page
0
Net exports (trade balance): the value of a nation"s exports minus the value of its imports. Y > c + i + g. Y < c + i + g. Y = c + i + g. Tastes of cus
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter Unit 3: Ch 9-12, 16: Push Technology, Potential Output

OC11806132 Page
0
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter Unit 1: Ch 1-4: Potential Output, Business Cycle

OC11806132 Page
0
Central questions in macro debates: when does one side or the other determine the actual level of activity, many economists believe that the demand sid
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter 16: Money Supply, Money Market, Openmarket

OC11482832 Page
0
Double coincidence of wants: the unlikely occurrence that two people each have a good or service that the other wants. Money: the set of assets in an e
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter Unit 3: Ch 9-12, 16: Macroeconomics

OC11806132 Page
0
Whe(cid:374) is the e(cid:272)o(cid:374)o(cid:373)y (cid:862)(cid:271)etter off(cid:863): desire to measure whether an economy is better off, gdp is us
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter Unit 2: Ch 5-8,13: Microeconomics, Dow Jones Industrial Average, Roaring Twenties

OC11806133 Page
0
View Document
UT-AUSTINECO 304LM O S T A S H A R I, S H A L A HSpring

ECO 304L Chapter Notes - Chapter Unit 3: Ch 9-12, 16: Capital Accumulation, Time Preference, Subsistence Agriculture

OC11806132 Page
0
Role of saving and resources available for capital accumulation: a simple story to help understand how saving helps the economy, think about a subsiste
View Document
Showing 1 — 12 of 65 result

Textbook Notes (270,000)
US (100,000)
UT-Austin (1,000)
ECO (80)
M O S T A S H A R I, S H A L A H (60)