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Decks in this class (29)
(1.1) Macro foundations
True or false if growth is slowin...,
Outline the 4 aspects of the macr...,
Outline facts macro workflow 3
18
cards
(1.2) GDP
Define gdp 1,
What is gdp not a measure of 2,
What are 3 equivalent ways to com...
19
cards
(1.3) Price level
What are the 2 common measures of...,
How do you calculate the gdp defl...,
How do you calculate cpi 3
18
cards
(2.1) Economic Growth
What does gdp measure 1,
Give the operational definition o...,
Give the general meaning of econo...
15
cards
(2.2) Production Function
What 2 assumptions do we make in ...,
What is capital another way of sa...,
What are the inputs of the produc...
31
cards
(2.3) Allocating Resources
Write the cost function 1,
Write the profit function 2,
What does stand for 3
18
cards
(3.1) Development Accounting
If we take the production function 1,
Describe tfp 2,
Describe the calculation of tfp 2
4
cards
(3.2) Solow Growth Model
What does the solow growth model ...,
What does the solow growth model ...,
Why does the solow model endogeni...
16
cards
(3.3) Transition Dynamics (Solow Model)
What are the 2 ways to solve the ...,
Draw a graph for the solow model 2,
What does transition dynamics sta...
32
cards
(3.4) Comparative statics in Solow model
Describe the effect of increasing...,
Describe the key results of incre...,
Draw a solow model graph with tra...
19
cards
(4.1) Ideas
What are the 2 components of the ...,
Describe objects in the romer mod...,
Descrbe ideas in the romer model 3
16
cards
(4.2) Setting up the Romer Model
What do we ignore in the romer mo...,
Describe labour allocation in the...,
Write the output production funct...
10
cards
(4.3) Solving the Romer Model
List the steps to solving the rom...,
Compute the growth rate of knowle...,
Create an equation for the stock ...
10
cards
(4.4) Comparative statics in Romer Model
How does an increase in the popul...,
What is the net effect on y outpu...,
Describe the production channel o...
10
cards
(4.5) Combined Solow-Romer model
What feature of the solow model d...,
What feature of the romer model d...,
Describe the features of the comb...
22
cards
(4.6) Transition dynamics (combined model)
Describe the similarities between...,
How do transition dynamics work i...,
Describe the impact on the combin...
6
cards
(5.1) Growth Accounting
What is the core growth rate rule 1,
When you get an exam question of ...,
Give the growth accounting equati...
18
cards
(5.2) TFP differences
How much does each factor contrib...,
What is the key insight from the ...,
List some factors of tfp 3
32
cards
(5.3) Policy Issues
What are the 3 types of capital 1,
What are the 2 viewpoints on econ...,
Describe the market led economic ...
12
cards
(5.4) Demographic transition
List the aspects of the demograph...,
Describe the decline in fertility 2,
What is the link between fertilit...
16
cards
(5.5) Structural transformation
Describe sectoral shares as the e...,
Describe sectoral productivity gr...,
What do differing sectoral produc...
9
cards
(6.1) Labour Market basics
List the 3 stocks of the working ...,
How do we define employed 2,
How do we define unemployed 3
16
cards
(6.2) Labour market dynamics
Define a labour market stock 1,
Rank the labour market stocks by ...,
How do you enter the wap 3
36
cards
(6.3) Model of unemployment
List the steps to compute the une...,
Write the labour force identity 2,
Write the equation for the change...
9
cards
(6.4) Global Labour Markets
From a graph showing the unemploy...,
Compare these economies in terms ...,
Why is gdp capita higher in the u...
4
cards
(6.5) Labour Market policies and institutions
In the exam how should we always ...,
What do good labour market instit...,
What are the different effects of...
38
cards
(7.1) Two-Period Model
State the assumptions we make for...,
Write the equation for consumtpio...,
Describe a lender 3
24
cards
(7.2) Comparative statics in consumption
Give a graph for an increase in c...,
Describe what happens to the budg...,
Describe an increase in current d...
28
cards
(7.3) Government and RE
Blank 1
1
cards
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EC1B3
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EC1B3
- 10 decks
- 383 flashcards
- 3 learners
Decks:
Week 1 Intro, Week 2 Economic Growth, Week 3 Solow Growth Model, And more!
