ECON 203 Lecture 1: Lecture 1

ECON 203 Lecture 2: Lecture 2

ECON 203 Lecture 3: Lecture 3

Commodity units in bundles 1992 price 1992 vlue 2018 price 2018 value. Cpi 92 = (cid:2874)(cid:2868)(cid:2868)(cid:2874)(cid:2868)(cid:2868)*100 = 100 

ECON 203 Lecture 4: Lecture 4

ECON 203 Lecture 5: Lecture 5

Improve information available to job seekers/employers: reduce social assistance. Expansionary fiscal &amp; monetary policy: business cycles - continua

ECON 203 Lecture 6: Lecture 6

ECON 203 Lecture 7: Lecture 7

ECON 203 Lecture 8: Lecture 8

10: money- the set of assets in an economy that people regularly use to buy goods &amp; services, functions of money, medium of exchange-item used to b

ECON 203 Lecture 9: Lecture 9

11, 14: assets, money, m1 definition- currency + demand deposits, completely liquid, bonds. Interest bearing assets: claims on real capital. Less liqui

ECON 203 Lecture 10: Lecture 10

ECON 203 Lecture 11: Lecture 11

ECON 203 Lecture 12: Lecture 12

Lecture 12: balance of payments (bop) - sum of all transactions that take place between a country"s. Imports create debits imported goods: when exports

ECON 203 Lecture 13: Lecture 13

Amount of domestic currency needed to buy 1 unit of foreign currency. Amount of foreign currency needed to buy 1 unit of domestic currency: ex. . 25 cd

ECON 203 Lecture 14: Lecture 14

ECON 203 Lecture 15: Lecture 15

ECON 203 Lecture 16: Lecture 16

ECON 203 Lecture 17: Lecture 17

Aggregate demand (ad) &amp; aggregate supply (as)- ch. Age of capital stock: government spending (g) Trade relations: shifts in ad - caused by anything

ECON 203 Lecture 18: Lecture 18

ECON 203 Lecture 19: Lecture 19

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National income determination, the monetary and banking system, and elementary fiscal and monetary policies. Contemporary problems of unemployment, inflation, economic growth, business cycles and the international economy.

Principles of Macroeconomics

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