Econ 2301 Macroeconomics Dr. Jacobson Mr. (Coach) Stuckey.
WARM-UP 1.The Internet is considered a Free Market – tell me 5 ways that the internet has changed our economy?
IS-LM Model of the Economy Our Simple Keynesian Model was simple in the sense that it did not allow an interaction between the financial variables and.
Thermodynamics The first law of thermodynamics states that all energy in the universe is constant--it cannot be created or destroyed. Only its form can.
E CONOMIC G ROWTH. Growth = Annual Growth Rate of p c Income, GDP Growth Rates across the world 65 – 95: “spectaculat”: China (8.2 %) “very good”: East.
CHAPTER 6 Macroeconomic Measurements, Part II: GDP and Real GDP
IS-LM Model of the Economy
L1: Capital Market, Consumption and Investments 1 Capital Market, Consumption and Investment (L1) Consumption and investment without capital market Consumption.
park_sm_ch23.pdf
1 Measuring Economic Aggregates and the Circular Flow of Income CHAPTER 22 © 2003 South-Western/Thomson Learning.