ECON 222: Principles of Macroeconomics
University of South Carolina - Columbia

ECON 222 Principles of Macroeconomics is an Economics course at sc taught by the following professor: Pattama Shimpalee.
3 elite notetakers have produced 12 study materials for this Economics course.

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ECON 222 - Class Notes - Week 6
Uploaded: 04/18/2018

Buyers: people who didnt have the comparative advantage 1. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 6 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina -

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i. People will want to less more of the more expensive good, so their
Uploaded: 04/18/2018

Coffee shops 2. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 6 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Feb 20 2018. Browse this and o

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a. If it is less expensive to produce one product because the price of
Uploaded: 04/18/2018

i. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 6 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Feb 20 2018. Browse this and other ECON 222

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ECON 222 - Class Notes - Week 7
Uploaded: 04/18/2018

Recall: i. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 7 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Mar 01 2018. Browse this and other

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Therefore: The market is in equilibrium only if S = QDand P = P X
Uploaded: 04/18/2018

Individuals are price takers (take the price as given) b. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 7 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina -

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ECON 222 - Study Guide - Midterm
Uploaded: 04/18/2018

50 = 11. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Midterm exam on 02/01/2018 by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Mar 01 2018

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If the price of a good rises, then the demand for its complement falls
Uploaded: 04/18/2018

If the price of a good falls, the quantity demanded of that good. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Midterm exam on 02/01/2018 by an elite notetaker Jillian Notetaker

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If the price of a good is expected to rise, the supply decreases becau
Uploaded: 04/18/2018

This causes the price to fall. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Midterm exam on 02/01/2018 by an elite notetaker Jillian Notetaker at University of South Carolina - C

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o Total expenditure (and GDP) doesnt include all the things that peopl
Uploaded: 04/18/2018

However, the shortage also causes the price to fall, as illustrated. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Midterm exam on 02/01/2018 by an elite notetaker Jillian Notetak

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ECON 222 - Class Notes - Week 8
Uploaded: 04/18/2018

Price Floor: government regulation that places a lower limit on the. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 8 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South

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ii. Suppose that minimum wage is $7/hour for 6,000 workers, which is i
Uploaded: 04/18/2018

Changes in Equilibrium focus on eternal factors either affecting. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 8 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Car

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ECON 222 - Class Notes - Week 9
Uploaded: 04/18/2018

Find the cost of the CPI market basket at current period prices. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 9 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Caro

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i. Its 2018 and youre buying oranges and haircuts. Oranges are $2 each
Uploaded: 04/18/2018

2% compared to base period b. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 9 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Mar 27 2018. Bro

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ECON 222 - Class Notes - Week 10
Uploaded: 04/18/2018

CPI 1. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 10 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Apr 01 2018. Browse this and other ECO

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b. Biases as a consequence 3. CPI = sum of P current Q base 4. CPI is
Uploaded: 04/18/2018

The result is that the CPI is possibly a biased measure of changes in. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 10 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of Sou

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ECON 222 - Midterm 3 Study Guide - Study Guide
Uploaded: 04/18/2018

This means that the demand curve is being affected negatively. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Midterm exam on 02/01/2018 by an elite notetaker Jillian Notetaker at

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Once you have determined whether the situation indicates a determinant
Uploaded: 04/18/2018

6 100) since the base year. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Midterm exam on 02/01/2018 by an elite notetaker Jillian Notetaker at University of South Carolina - Colu

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Linked to consumption expenditures in the previous period As if basket
Uploaded: 04/18/2018

The supply of a good and the price of one of its substitutes in. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Midterm exam on 02/01/2018 by an elite notetaker Jillian Notetaker a

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ECON 222 - Class Notes - Week 11
Uploaded: 04/18/2018

Indicator of how well employee skills are matched with skills required. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 11 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of So

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1. In the Current Population Survey, a person is considered unemployed
Uploaded: 04/18/2018

A state in which there are qualified workers available for work at the. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 11 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of So

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ECON 222 - Class Notes - Week 15
Uploaded: 04/18/2018

Learning by doing 2. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 15 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Apr 15 2018. Browse this

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b. Diminishing marginal product of capital: additional output is decli
Uploaded: 04/29/2018

Economic growth is driven by: a) better technologies b) improvement of. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 15 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of So

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sc - ECON 222 - Class Notes - Week 17
Uploaded: 04/23/2018

Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 17 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Apr 23 2018. Browse this and other ECON 222 s

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sc - ECON 222 - Class Notes - Week 18
Uploaded: 12/17/2018

Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 18 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Apr 29 2018. Browse this and other ECON 222 s

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sc - ECON 222 - Class Notes - Week 18
Uploaded: 04/30/2018

Because Steve can produce 3 potatoes for every. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 18 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia

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sc - ECON 222 - Class Notes - Week 18
Uploaded: 04/30/2018

20. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 week 18 Pattama shimpalee.These class notes were uploaded by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Apr 29 2018. Browse this and other ECON 2

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sc - ECON 222 - Study Guide - Final
Uploaded: 04/30/2018

Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Final exam on 02/01/2018 by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Apr 29 2018. Browse th

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sc - ECON 222 - Study Guide - Final
Uploaded: 04/30/2018

Economic Growth o Sustained expansion of the PPF. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Final exam on 02/01/2018 by an elite notetaker Jillian Notetaker at University of S

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sc - ECON 222 - Study Guide - Final
Uploaded: 04/30/2018

good decreases. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Final exam on 02/01/2018 by an elite notetaker Jillian Notetaker at University of South Carolina - Columbia on Apr 29

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sc - ECON 222 - Study Guide - Final
Uploaded: 04/30/2018

o Total expenditure (and GDP) doesn t include all. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Final exam on 02/01/2018 by an elite notetaker Jillian Notetaker at University of

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sc - ECON 222 - Study Guide - Final
Uploaded: 04/30/2018

Say nominal GDP = $171,400 and real GDP = $147,000. Principles of Macroeconomics ECON 222 Macro Economics Spring 2018 Pattama shimpalee.This study guide was uploaded for the Final exam on 02/01/2018 by an elite notetaker Jillian Notetaker at University of

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