Summary Macroeconomic Models; Consumption-Saving Decision; Credit Market Frictions

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Summary

Summary Macroeconomic Models; Consumption-Saving Decision; Credit Market Frictions

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Preview 2 out of 11 pages

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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Stephen D. Williamson Macroeconomics

Publisher: 2017 ISBN: 9780134472119 Edition: Unknown

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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

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Summary Macroeconomic Models; Consumption-Saving Decision; Credit Market Frictions

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