Rotunda Principles

 

Principle 1: Trade creates value.

 

 

Principle 2: Incentives matter.

 

 

Principle 3: The three sources of economic growth are resources, technology, and institutions.

 

 

 

Key Macroeconomic Data

 

Real GDP Growth:

 

Historical =  3.1%

 

Recent =  2.2% (1st  qtr. 2012)

 

 

Unemployment Rate:

 

Historical =  6% 

 

Recent = 8.2% (March 2012)

 

 

Inflation Rate:

 

Historical = 4%  

 

Recent = 3% (Yr-End December  2011)

 

 

 

 

 

 

ECON 202

Principles of Macroeconomics

Spring 2012

 

 

 

Syllabus and Course Outline

 

Previous Final Exam

 

Answers to Previous Final Exam

 

Final Exam room assignments

 

Lecture Slides

 

 Trade  (1/19)

 Clicker Questions

 

Constrained Vision  (1/24)

 Clicker Questions

 

Price Theory and Price System  (1/26)

 Clicker Questions

 

GDP I  (1/31)

 Clicker Questions

 

GDP II  (2/2)

 Clicker Questions

 

Unemployment  (2/7)

 Clicker Questions

 

Inflation (2/9)

 Clicker Questions

 

Savings (2/14)

 Clicker Questions

 

Financial Markets (2/16)

 Clicker Questions

 

Wealth of Nations (2/23)

 

Solow Growth Theory (2/28)

 Clicker Questions

 

Modern Growth Theory (3/1)

 Clicker Questions

 

Aggregate Demand (3/13)

 Clicker Questions

 

Aggregate Supply (3/15)

 Clicker Questions

 

AS – AD Applications (3/20)

 Clicker Questions

 

Federal Budget (3/22)

 Clicker Questions

 

Fiscal Policy I (3/27)

 Clicker Questions

 

Fiscal Policy II (3/29)

 Clicker Questions

 

Money I (4/5)

 Clicker Questions

 

Money II (4/10)

 Clicker Questions

 

Monetary Policy I (4/12)

 Clicker Questions

 

Monetary Policy II (4/17)

 Clicker Questions

 

Trade (4/19)

 

Balance of Payments (4/24)

 Clicker Questions

 

Exchange Rates (4/26)

 

Review Clicker Questions (5/1)

 

 

 

Course-Related Links

 

Collab

 

Head TA Website

 

Twitter Feed

 

(Oddly, this link only seems to work if you open in new tab.)

 

 

 

 

 

 

Data Links

 

Bureau of Economic Analysis (BEA)

-GDP data

 

Bureau of Labor Statistics (BLS)

-unemployment and inflation data

 

Office of Management and Budget

 

Congressional Budget Office

 

Economic Report of the President

 

Statistical Abstract of the United States

 

 

Economics Blogs

 

 

Greg Mankiw’s Blog

 

Carpe Diem

 

Marginal Revolution