Summary Macroeconomic Models; Consumption-Saving Decision; Credit Market Frictions
This 10 page review covers chapters 5, 9 and 10 of Stephen D. Williamson, Macroeconomics, Sixth Edition textbook. With this overview I made a 90 on the exam! It breaks the notes down perfectly in a highly visual manner by definitions and models, so you will be able to connect basic properties of intermediate macroeconomics to real-world problems: and ace your next exam! The summaries provide an overview of important definitions/equations including: -A concise overview page perfect for an open-book exam -Production Possibilities Frontier -Pareto Optimum -Examples of using macroeconomics models: Effects of government spending, distorting tax, changes in TFP, etc. -Summary of consumption-savings decision model -Credit market frictions: Asymmetric Information and Limited Commitment
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Document information
- Summarized whole book?
- No
- Which chapters are summarized?
- Chapter 5, 9, 10
- Uploaded on
- May 15, 2020
- Number of pages
- 11
- Written in
- 2019/2020
- Type
- Summary
Subjects
- macroeconmics
- economics
- economics graphs
- macroeconomics models
- ppf
- economic efficiency
- pareto optimum
-
laffer curve
-
ricardian equivalence
-
distortion tax
-
consumption savings
-
intermediate macroeconomics
