Intro to macroeconomics - Study guides, Class notes & Summaries

notes on chapter 3 for intro to macroeconomics

notes on chapter 2 for intro to macroeconomics

notes on chapter 28 for intro to macroeconomics

notes on chapter 28 for intro to macroeconomics

notes on chapter 14 for intro to macroeconomics

notes on chapter 14 for intro to macroeconomics

Q&A on basic knowledge of what GDP is and how it works.

These notes helped me get a 97% average in the course and provides a great explanation of different types of goods in microeconomics and how individuals interact with them. Specifically, the notes cover (1) common-pool resources, (2) tragedy of the commons, (3) common property, (4) exclusion and non-exclusive goods, (5) public and rival goods, (6) and toll goods.

Term Project An exercise in macroeconomics: Recall that in ECO 1002 or any other intro macro, total consumption expenditure is a function of disposable income (or after-tax income). Specifically, we have: Consumption = a constant + (marginal propensity to consume) * (disposable income), and ‘marginal propensity to consume’ is a fixed unknown number. The constant term in the above equation is often assumed to be zero but here, we take a more general assumption that the constant can be a...

Case, Fair & Oster "Principles of Macroeconomics" 13e Chapter 1 Annotated Outline. Unannotated version available.