BADM 1004 Study Guide - Quiz Guide: Foreign Exchange Market, Nash Equilibrium, Monetary-Disequilibrium Theory
Document Summary
This is a study guide that provides advice on how to study for the exam. This study guide covers everything we have covered in class up to feb 1, 2016. In general, you are responsible for all of the content of the lectures, all of the linked videos or short readings in the syllabus, and all of the uploaded readings. Below we provide a guide to readings and some sample exam questions. You are always responsible for the content of the lectures. You should know the very basics of the news stories mentioned in class and understand the slides. The four theoretical benefits of trade are central to this lecture. Know the difference between a partial equilibrium model and a general equilibrium model . A clear explanation is found on page 47. Partial focuses on a signal commodity while general focuses on all goods produced and sold. You do not need to know any of the math in either model.
