ECN 1B: Final Study Guide
Winter 2018
N Caramp
ECN 001
Covers chapters 1-11 and main concepts and models that depict macroeconomic changes in the economy in the short, medium, and long-term periods.
- A review of GDP, calculating the interest rate from CPI, COL, and GDP deflator
- IS-LM Model and extensions (added conditions)
- IS-LM-PC model and determining old and new Phillip's Curve
- WS-PS Relation in relation to unemployment rate
- Solow Grow